Every decentralized protocol needs a unit of economic value. For Walrus Protocol, that unit is the WAL token.

Here are the core utilities of WAL token within the ecosystem:

✔ A. Payment for Storage

Users pay in WAL to upload, store, and retrieve data. This demand-side pressure creates natural token sinks.

✔ B. Rewards to Storage Providers

Storage providers earn WAL for:

Maintaining uptime

Offering capacity

Serving retrieval requests

This aligns incentives across network participants.

✔ C. Network Governance

Although governance models evolve over time, WAL can be used for protocol voting, upgrades, and parameter tuning.

✔ D. Collateral & Security

Some decentralized storage networks require nodes to lock tokens as collateral to ensure honest behavior. WAL may play a similar role, creating additional supply constraints.

✔ E. Ecosystem Growth

Developers building on Walrus may receive grants or incentives in WAL, helping bootstrap new applications.

In short, WAL token is not just a speculative asset—it is the economic engine that powers the storage marketplace itself.#walrus $WAL @Walrus 🦭/acc