#walrus $WAL
If you're looking at @walrusprotocol, you need to understand the $WAL tokenomics. It’s a true utility-first asset:
Payments: Used to buy storage space with stable fiat-pegged pricing.
Security: Powering the network through delegated staking.
Governance: Holders decide on protocol parameters and penalties.
The burning mechanism for "churn fees" also adds a healthy deflationary pressure. Real utility drives real value!