2026-01-09 03:30:09

The WAL token in the Walrus protocol is completely different from most pure governance tokens. It is a truly utility-based token, with its value directly derived from the network's storage demand.

Want to store data on this network? There's no way around it—you must buy WAL to pay. This expenditure by users and applications constitutes the network's "storage fund," which is used long-term to incentivize nodes that provide storage services.

Nodes also need to invest. To qualify for order acceptance, they must stake a large amount of WAL as collateral. If data is lost or the service falls short of expectations, the staked tokens will be directly confiscated. As the amount of data stored in the network explodes, the staking requirements for nodes continue to rise, which means liquidity in the market is constantly being locked up.

What's even more interesting is that through a bidding mechanism for storage space, WAL will gradually exhibit strong deflationary characteristics. This is the so-called "real yield" model—the more the ecosystem develops, the scarcer the token becomes. From an economic model perspective, this design directly links the token's value to the actual usage of the network.

WAL3,29%

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gas_fee_trauma

· 23h ago

This is what a practical coin looks like, unlike those air governance coins. WAL is truly supported by real demand.

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SleepyArbCat

· 01-09 04:00

Oh wow, this is the real token design... not those pump-and-dump coins --- Once the staking penalty and confiscation mechanism is in place, nodes have to honestly do their work, with no room for laziness --- Liquidity is locked, and deflationary expectations naturally form. WAL's economic model indeed has some substance --- Storage demand = genuine buy orders, much more reliable than those pure governance tokens, honestly --- Once the bidding mechanism kicks in, the token scarcity rises sharply... now let's see who still says it has no fundamentals --- The more ecosystem users there are, the higher the staking demand. As liquidity is drained, value accumulates—pretty intense

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GateUser-e87b21ee

· 01-09 03:45

Wow, this is the kind of gameplay that the crypto world should learn from—truly demand-driven rather than just storytelling. Once the staking system is implemented, liquidity is significantly locked up, and the deflationary logic is indeed solid. But the key still depends on whether the ecosystem can really take off and whether the storage market is big enough. I'm a bit worried that it's just a perfect design on paper, and in the end, not many people will use it... This War economic model feels serious, unlike some coins that are purely for rug pulls. The current concern is whether the node staking threshold will be too high for ordinary people to participate.

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LiquidatedNotStirred

· 01-09 03:41

This is what token design is all about, unlike those worthless governance tokens that are hyped up every day.

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AirdropHarvester

· 01-09 03:39

Wow, this is truly a useful coin, unlike those air governance tokens. Oh my goodness, locking liquidity through staking feels like another wave of people getting cut. WAL is becoming increasingly scarce... this logic sounds very comfortable. Tying actual usage to value is much better than those supported only by stories. Storing data costs WAL, now the nodes won't be able to smile. The deflation mechanism is really attractive, but it depends on whether the network user base can keep up. The penalties for staking are quite harsh; nodes need to be careful. What does the surge in storage demand mean... the tokens are getting more and more expensive. Finally, I see a reliable economic model, not easy to find.

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