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A certain DeFi platform has recently supported the WalletConnect protocol, and the core significance of this step is to drop the usage threshold for users, allowing more funds to enter the market with peace of mind.
From the perspective of an ordinary user, the changes are quite substantial. Previously, it was necessary to rely on browser extension wallets, but now mobile wallets and various mainstream wallets can connect with just one click. Performing operations such as providing liquidity, exchanging coins, and refreshing information streams has become much smoother, and users won't be "dissuaded" due to wallet compatibility issues.
For institutions and large funds, WalletConnect serves as an industry standard, with its built-in security authentication, compliance framework, and operational processes being familiar practices for them. This means that the psychological burden is significantly reduced from access to actual operation.