When it comes to the Walrus ecosystem, many people only see the WAL token symbol, but in fact, it is much more than that. This token is the economic engine that drives the entire network, bearing several key functions.

The most direct function is to serve as the network's fuel. Users need to store and write data? They must pay fees with WAL. This is the most basic application scenario and the starting point of value circulation.

But the importance of WAL goes far beyond a simple medium of exchange. Storage node operators need to stake WAL to participate in the network, which serves as both an entry barrier and the foundation of network security. Moreover, ordinary token holders can choose to delegate staking, entrusting their tokens to node operators and earning passive income. This design allows more people to participate in network maintenance.

Governance rights are another critical dimension. WAL holders have voting rights to decide on protocol upgrades and key parameter adjustments, giving the community a say in the future direction of the network.

In terms of token distribution, the design is clearly community-friendly—over 60% of the tokens are allocated to community airdrops, incentives, and reserves. This is not just talk but real resource allocation. Backed by Mysten Labs' technical foundation and ecological resources, this project has inherent advantages from the start.

Recent progress also demonstrates its practical implementation: the mainnet is officially operational, and there are actual large-scale data migration cases, proving that the system's usability is not just theoretical. The community atmosphere is also very enthusiastic, with positive feedback on this community-oriented design.

In the long term, WAL's ability to capture value is promising. Its design closely aligns with the protocol's core functions and security needs. As ecological applications expand, the actual demand for the token will inevitably rise accordingly.