The WalletConnect community has shown strong support, with a 99.65% approval rate, for the ‘WCT Transferability’ proposal as reported by Foresight News. The next crucial phase includes a governance vote to solidify the transferability guidelines. Once greenlit, the team will work towards enabling on-chain transferability updates.
What Does the WalletConnect Community Approval Mean?
The resounding approval from the WalletConnect community for the ‘WCT Transferability’ proposal signifies a significant milestone in the project’s development. This high level of support demonstrates the community’s confidence in the proposal’s potential benefits and positive impact on the ecosystem.
🚀 What’s Next for WalletConnect?
With the initial proposal gaining overwhelming support, the upcoming governance vote will be pivotal in determining the final outcome. If the transferability standards are officially confirmed, it will pave the way for implementing on-chain transferability, marking a crucial advancement for WalletConnect.
💡 WalletConnect Transferability Progress Update
Following the community’s enthusiastic backing, the WalletConnect team is poised to provide regular progress updates on achieving on-chain transferability. These updates will offer transparency and insight into the development process, keeping stakeholders informed every step of the way.
After this latest development, WalletConnect is on track to enhance its functionality and accessibility, setting the stage for a new chapter in its evolution within the crypto space.
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