WAL Tokenomics: Quietly Sensible
I spent a bit of time looking through the WAL numbers, not expecting much, and came away mildly surprised.
The max supply is capped at 5 billion WAL. That sounds large at first glance, but the important part is that it is fixed. No elastic supply. No hidden inflation waiting to show up later.
What stands out more is the circulating supply at launch: about 1.25 billion, roughly 25 percent of the total. That pacing matters. Instead of flooding the market early, supply is released gradually, which gives the network time to grow into its own usage.
For a utility token tied to decentralized storage, this structure feels logical. Storage providers need long-term incentives. Networks need predictability. Emissions that unfold over time tend to support both better than sudden abundance.
It is not perfect, but it is coherent. And in this space, coherence is already a positive signal.
I have seen far worse attempts at token design.
