The Walrus (WAL) is the native token of the Walrus protocol, a decentralized finance (DeFi) platform focused on security, privacy, and decentralized data storage.
Built on the Sui blockchain, the Walrus protocol allows:
✅ private transactions
✅ interaction with dApps
✅ decentralized governance
✅ staking of the WAL token
Its uniqueness lies in its innovative infrastructure combining erasure coding and blob storage, allowing large files to be distributed across a decentralized network.
🎯 Objective:
To offer cost-effective, censorship-resistant, and privacy-preserving storage as a decentralized alternative to traditional cloud solutions.
Walrus targets both applications, businesses, and individuals looking for reliable and secure Web3 solutions.
@Walrus 🦭/acc #walrus $WAL