#walrus $WAL 📌 Core Purpose

• Native Token of Walrus Protocol: WAL is the main utility token used within the Walrus ecosystem for payments, staking, governance, and accessing storage services. 

• Decentralized Storage: The underlying protocol stores large “blobs” of data using advanced techniques that split and distribute the data across many nodes, making it resilient and cost-effective compared to traditional blockchain storage. 

• Governance & Staking: Token holders can stake WAL to support network security and participate in governance decisions about the protocol’s future direction. 

🪙 Tokenomics

• Total Supply: 5 billion WAL tokens. 

• Airdrop: About 10 % of tokens were allocated to community airdrops — *4 % distributed early and 6 % for future ecosystem incentives.