Walrus incorporates a governance model where $WAL holders can vote on critical network parameters, such as storage pricing and slashing penalties for underperforming nodes. To maintain a healthy economy, the protocol includes deflationary mechanisms, such as burning a portion of the tokens used in "churn fees" or penalties. This design aims to balance the circulating supply as the network's adoption grows, theoretically increasing the token's scarcity over time.

#walrus @Walrus 🦭/acc $WAL