According to Pedro Gomes, the vote for the WalletConnect Token (WCT) staking redesign is now live, and only users who staked WCT before the voting period began are eligible to participate. This governance action could result in changes to WCT staking mechanics, potentially affecting token liquidity, staking yields, and trading strategies. Traders should closely monitor the outcome as it may influence short-term price volatility and long-term utility for WCT holders (source: Pedro Gomes).