Walrus (WAL): An Intelligent Economic Framework for Decentralized Storage
Walrus is transforming decentralized storage through predictable pricing, robust security incentives, and governance driven by the community. Created by Mysten Labs, the protocol employs delegated proof-of-stake to guarantee data reliability, while the WAL token serves as the network's economic foundation.
Users prepay for storage with WAL, securing fixed rates for a maximum of two years. This model eliminates uncertainty regarding storage expenses and protects users from fluctuations in token prices. Storage providers receive their rewards at the conclusion of every epoch, guaranteeing reliable and clear compensation. Storage capacity can be expanded or reallocated, allowing for a versatile secondary market.
Network security is upheld via delegated staking. WAL holders stake tokens with storage nodes, boosting data distribution to high-performing operators. Nodes that do not achieve performance benchmarks are subject to slashing, whereas long-term participants gain from reward redistribution and token-burning strategies that decrease the circulating supply.
Storage nodes make governance decisions via stake-weighted voting, guaranteeing that those accountable for network health influence its future. Allocating more than 60% of the total supply for community development, incentives, and subsidies, Walrus establishes WAL as a utility-focused token designed for lasting ecosystem viability.
