Walrus (WAL) serves as the native token for the Walrus decentralized storage protocol, crafted to facilitate a secure, permissionless, and community-oriented storage ecosystem. WAL allows users to compensate for data storage on the network, with payments spread out over time to storage nodes and stakers. This guarantees equitable rewards, consistent expenses, and enduring operations over the long run.
WAL is deflationary, featuring unique burning mechanisms that deter short-term staking changes and punish inefficient nodes. These characteristics promote sustained, performance-oriented involvement, strengthening network security, effectiveness, and dependability.
Over 60% of WAL is allocated to the community via airdrops, subsidies, and the Community Reserve, aiding developers, early adopters, and ecosystem development. Funding, developer initiatives, and gatherings enhance the network and recognize engaged contributors.
Featuring a capped supply of 5 billion WAL, the protocol manages scarcity, utility, and incentives to promote lasting adoption. Walrus is creating a future in which decentralized storage is safe, easy to access, and centered on community, positioning WAL as an essential asset for all participants in the network.
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