The native token, $WAL, is the lifeblood of the protocol.
With a maximum supply of 5 billion tokens and an initial circulating supply of around 500 million, $WAL follows a deflationary model through burning mechanisms.
Here's how it functions:Storage Payments: Users pay in WAL for storing data, with fees designed to remain stable in fiat terms despite token volatility.
This ensures predictable costs for long-term storage.
Staking and Rewards: Node operators stake WAL to participate in the network, earning rewards for providing storage and maintaining data integrity.
This incentivizes a robust, decentralized infrastructure.
Governance: WAL holders vote on protocol parameters, such as fee adjustments or upgrades, fostering community-driven evolution.
As of now, WAL trades around $0.13 USD, with a market cap reflecting growing interest.
Its integration into Sui's ecosystem—part of a four-layer stack for verifiable AI—positions it for explosive growth as AI adoption surges