The world of decentralized applications (dApps) is expanding rapidly, with more users seeking control over their digital assets and financial activities. In Q4 2021 alone, crypto app installations surged by 902% year-over-year. As trust in centralized platforms wanes—especially after events like the FTX collapse—interest in decentralized finance (DeFi) and secure wallet solutions continues to grow.
One of the most efficient ways to interact with dApps across multiple blockchains is through WalletConnect, a powerful open-source protocol that enables seamless, encrypted communication between crypto wallets and decentralized applications. Moonstake Wallet, a leading non-custodial wallet supporting 17 Proof-of-Stake (PoS) chains, integrates WalletConnect to offer users secure access to a wide range of DeFi services.
This guide will walk you through how to use WalletConnect with Moonstake Wallet, explain its security features, and provide best practices for safe interactions with dApps.
What Is WalletConnect?
WalletConnect is an open-source protocol designed to establish a secure, encrypted connection between cryptocurrency wallets and dApps across various blockchains, including Ethereum, Polygon, Cosmos, and others.
With WalletConnect v2, users can now:
- Connect to multiple blockchains simultaneously
- Enable decentralized messaging between compatible wallets
- Receive direct push notifications for incoming transactions
This makes it ideal for mobile users who want convenient yet secure access to DeFi platforms like Uniswap, Aave, or SushiSwap without exposing their private keys.
Currently, WalletConnect supports over 170 wallets, including Moonstake, and integrates with more than 450 dApps. The connection process is simple: users scan a QR code displayed on the dApp interface using their wallet app, establishing an end-to-end encrypted session. Once connected, the wallet can sign transactions and approve payments directly from the device.
👉 Discover how easy it is to connect your wallet securely today.
Is WalletConnect Safe?
Yes—WalletConnect uses symmetric end-to-end encryption based on a shared secret key generated during the connection setup. This key exists only between your wallet and the dApp; no intermediary, including WalletConnect servers, can access it.
Because the private keys remain stored within your wallet (never transmitted), this method is often considered more secure than browser extension wallets like MetaMask when used on shared or public devices.
However, while the protocol itself is secure, user behavior plays a critical role in maintaining safety. Always verify transaction details before approval and ensure you're connecting to legitimate dApp domains.
How to Use WalletConnect on Moonstake Wallet
Moonstake supports WalletConnect on both its mobile and web versions, allowing flexible access to DeFi ecosystems across devices. Below is a step-by-step guide using the Moonstake mobile app:
Step-by-Step Connection Guide
- Open Moonstake Wallet and tap the menu icon in the top-right corner.
- Navigate to Settings > Wallet Connect.
- Tap "Scan QR Code".
- On your computer or second device, open the desired dApp (e.g., Uniswap or PancakeSwap).
- Locate the "Connect Wallet" option on the dApp and select WalletConnect.
- A QR code will appear—scan it using your Moonstake app.
- Confirm the connection request in your wallet.
- You’re now connected! You can interact with the dApp, approve transactions, and manage your assets securely.
To disconnect, simply return to the WalletConnect section in settings and tap "Disconnect."
Important Notes:
- Due to camera access limitations, you cannot scan a QR code from the same device where the dApp is running. Always use a second device (like a laptop or tablet) to display the QR code.
- Closing or leaving the connected screen may terminate the session. Stay on the screen to maintain connectivity.
- Not all tokens in your Moonstake wallet will appear on every dApp—only those supported by the specific blockchain the dApp operates on. For example, Uniswap supports Ethereum, Polygon, Optimism, Arbitrum, and Celo.
Ensuring Safe Transactions with WalletConnect
While WalletConnect provides robust security at the protocol level, users must remain vigilant. Here are essential tips for safe usage:
- ✅ Verify transaction details: Always double-check recipient addresses and amounts before confirming.
- ✅ Use trusted dApps: Research unfamiliar platforms using data aggregators like DappRadar or DefiLlama to assess legitimacy and user activity.
- ✅ Disconnect after use: End your session once you're done interacting with a dApp to reduce exposure.
- ✅ Access via secure URLs: Bookmark official dApp websites and avoid clicking suspicious links.
- ✅ Avoid public Wi-Fi without protection: If using public networks, enable a trusted VPN for added security.
👉 Stay protected while exploring the latest DeFi opportunities.
Frequently Asked Questions (FAQ)
Q: Can I use WalletConnect on Moonstake Web Wallet?
Yes, both the Moonstake mobile and web versions support WalletConnect. The process is similar: generate a connection URI from the dApp and confirm it through your web wallet interface.
Q: Why can't I scan the QR code from the same device?
Most mobile operating systems restrict camera access when another app (like a browser running a dApp) is active. To prevent conflicts and enhance security, scanning requires a separate device.
Q: Does WalletConnect drain my battery or data?
No. WalletConnect only activates when you initiate or respond to a transaction. It doesn’t run in the background or consume significant resources.
Q: Are my funds ever at risk when connected?
Your funds are not automatically accessible. The dApp can only request transactions—you must manually approve each one in your wallet. However, malicious dApps could prompt harmful actions, so always review requests carefully.
Q: Which blockchains does Moonstake support via WalletConnect?
Moonstake supports 17 major PoS chains, including Ethereum, Cardano (via sidechains), Polygon, Binance Smart Chain, Solana (via integration), Avalanche, Fantom, and more. Supported chains depend on both Moonstake and the connected dApp.
Q: Is there an alternative to WalletConnect in Moonstake?
Yes. Moonstake natively supports the Shiden dApp Store, allowing direct staking with Shiden Network dApps without needing WalletConnect. This offers an additional layer of security through curated app access.
About Moonstake
Moonstake is a globally recognized staking infrastructure provider and developer of decentralized wallet solutions for individuals and enterprises. Since launching in April 2020, Moonstake has formed strategic partnerships with industry leaders such as Emurgo (Cardano), Stake Technologies (Astar Network), and TRON.
In May 2021, Moonstake became a wholly owned subsidiary of OIO Holdings Limited, listed on the Singapore Stock Exchange, reinforcing its regulatory compliance and corporate credibility.
The platform supports staking across 17 blockchains and manages over $1.8 billion in staked assets, ranking among the top three staking providers worldwide. By leveraging blockchain technology, Moonstake empowers users to manage digital assets securely and efficiently in a decentralized ecosystem.
👉 Get started with a secure, multi-chain wallet experience now.