is the native token for a decentralized storage network called Walrus built on the Sui blockchain. The token is not just a number on a chart. It has clear jobs inside the system. It is used to pay for storing data help secure the network and give holders a voice in key decisions. Knowing tokenomics helps you understand what drives the project and how it may grow over time.
WAL has a fixed total supply of five billion tokens. This is the maximum number that will ever exist. Because the supply is capped the project can avoid unpredictable inflation and let users plan with a clear view of how many tokens will be in circulation. At launch a portion of the total supply entered the market and the rest will be released over many years to support steady growth.
Out of the five billion tokens more than sixty percent are allocated to the community. This includes user drops and reserves that fund incentives and growth programs. A large community share is meant to get as many real people involved as possible. Some of these tokens were given out early and others will be shared over time to support builders developers and active users.
A significant share is set aside for core contributors including developers and early team members. This part is meant to reward the people who build and maintain the project. Most of these tokens are locked and released slowly over time. This helps align the team with the long term health of the network rather than instant profit.
Another part goes to early investors who supported the project before mainnet launch. These tokens also follow a schedule before they become available for use. This slow release plan is meant to avoid big token dumps in the early days.
Some tokens are reserved as subsidies to help bootstrap the network. These are used to keep storage costs lower in the beginning and attract more users and storage nodes to the system. These tokens are also unlocked gradually.
When users want to store data on the network they pay with WAL. This payment goes to the storage nodes and people who stake their tokens to help secure the network. The idea is that the network stays reliable because those who help run it benefit when it works well. WAL is also used for governance. Holders can vote on changes to network rules and parameters. This gives token holders influence over how the system evolves.
Staking is an important part of how the network stays strong. People who stake WAL support network security and can earn rewards for doing so. If a node fails to do its job properly there are penalties built into the system. Part of these penalties may reduce the total available supply which can help create deflationary pressure over time.
In simple terms the tokenomics of WAL aim to balance access growth and long term health. A fixed supply a clear distribution plan and real use cases inside the network are key to this design. Users pay with WAL providers earn it and holders help guide the future of the network. All these parts work in a way that is meant to support steady adoption and real value over time.
