Waves Community Token (WCT) was a governance and community engagement token launched in early 2017 by the Waves Platform team. Distributed via monthly airdrops to WAVES holders, it aimed to strengthen network security by encouraging token self-custody and participation in the platform's Leased Proof-of-Stake system. WCT provided voting rights, enabled project evaluation by community members, and served as a criterion for airdrops from new projects such as Vostok (VST). Its design complemented WAVES and MRT as part of a multi-token strategy targeting distinct roles within the ecosystem. Created by Sasha Ivanov and the Waves team, WCT was eventually deprecated and replaced by the $POWER token and Power DAO framework by early 2023. With no remaining utility or market activity, WCT is now considered inactive and obsolete.