When people talk about @Walrus 🦭/acc governance they usually think that people who own WAL tokens get to decide everything about the protocol.. That is not really how it works. The people in charge of WAL governance are actually very careful. Only make decisions about certain things. The things that WAL holders vote on are usually about money. How the protocol operates, not about the really technical details. For example WAL holders might vote on things like how much it costs to store things how rewards are divided among types of nodes how many WAL tokens you need to have to participate what happens when someone does something wrong and when to update the protocol. WAL governance is really, about making decisions on these kinds of things like storage pricing bands and reward distribution ratios. Wal holders play a big role in that.

These parameters shape incentives and network behavior without risking system integrity. The idea is to let the community steer how Walrus operates as a storage network—how much it costs, how rewards flow, how risk is managed—while keeping the most sensitive protocol mechanics stable and auditable. Governance here is less about experimentation and more about long-term alignment between users, operators, and the protocol’s sustainability.#walrus $WAL