Multifunctional: It serves as a medium for users to pay for storage fees (approximately 0.2 WAL per year for 1GB, with stable costs in fiat), and is also the core asset for nodes participating in PoS staking (with a staking yield of 8-15%). Additionally, it grants holders governance voting rights in the protocol, allowing participation in key parameter adjustments such as storage pricing and node admission.
In terms of practical value, the Walrus Protocol perfectly adapts to diverse Web3 scenarios: it provides high integrity and availability data storage for NFTs, addressing the security risks of traditional off-chain storage; it offers traceable storage solutions for AI training data, ensuring data authenticity; it provides decentralized distribution channels for DApp frontend and client code, enhancing application integrity and availability; it also supports data storage for Rollups, aiding Ethereum scalability. Today, Walrus has completed $140 million in financing, and with its deep collaboration with Sui, innovative technical architecture, and community-friendly economic model, it is gradually becoming a core force in the decentralized storage field.
@walrusprotocol Break industry pain points through technological innovation and unite community consensus with fair mechanisms. The value of $WAL will continue to rise as ecological applications are continuously implemented and the user base expands. I believe that amid the surge in demand for Web3 data, the Walrus Protocol will undoubtedly reshape the decentralized storage landscape and become an indispensable core infrastructure of the ecosystem~ #WALRUSPREDICTION
