📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
In today's rapidly evolving Web3 space, the stability of projects and their ability to mitigate risks have become increasingly important. Recently, the emergency reserve system implemented by the WalletConnect Foundation has attracted widespread attention within the industry.
The foundation allocates 5% of the total token supply as an emergency reserve fund to respond to unexpected events such as potential cybersecurity threats and significant market fluctuations. This reserve fund is strictly controlled by a multi-signature wallet and can only be accessed with the consent of more than 70% of the members of the foundation's council, ensuring prudence and transparency in the use of funds.
The actual effect of this system was verified during a major node attack incident in early 2025. At that time, the foundation quickly allocated 1,000 WCT tokens from its reserves to compensate affected users. This decisive action effectively stabilized community sentiment and demonstrated the project team's crisis response capabilities and commitment to user interests.
By establishing such a financial "buffer zone", WalletConnect not only provides additional security for its ecosystem but also enhances the entire project's ability to cope with various potential risks. This proactive risk management approach will undoubtedly boost investors' and users' confidence in the long-term stability of the WCT ecosystem.
Against the backdrop of severe volatility in the current cryptocurrency market, the initiative by the WalletConnect Foundation sets an example for other Web3 projects. It emphasizes the importance of establishing sound risk prevention mechanisms while pursuing innovation to ensure the sustainable development of projects. As more projects focus on risk management, the resilience of the entire Web3 ecosystem is expected to be further enhanced.