@Walrus 🦭/acc (WAL) Overview 🐋
Walrus (WAL) is the native token of the Walrus protocol, a DeFi and decentralized infrastructure platform built on the Sui blockchain. Designed with privacy, security, and scalability at its core, Walrus enables private transactions while supporting dApps, governance, and staking.
Beyond DeFi, Walrus introduces a decentralized data storage layer using erasure coding and blob storage, allowing large files to be distributed efficiently across a censorship-resistant network. This makes it a compelling alternative to traditional cloud storage for applications, enterprises, and individuals seeking cost-efficient, decentralized, and privacy-preserving solutions.
With WAL at the center of incentives and governance, Walrus aims to bridge DeFi, private computation, and decentralized storage into a unified protocol.
