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WalletConnect Token (WCT) is a utility token designed to enhance the WalletConnect protocol, which facilitates secure and seamless connections between decentralized applications (dApps) and mobile wallets. By using WCT, users can unlock additional features within the WalletConnect ecosystem, enabling a more streamlined and efficient experience in managing their crypto assets.
Compound (COMP) is a decentralized finance (DeFi) protocol that allows users to lend and borrow cryptocurrencies in a trustless manner. By utilizing smart contracts on the Ethereum blockchain, Compound enables users to earn interest on their crypto assets or take out loans against them without the need for traditional intermediaries.