Walrus takes a very grounded approach to governance. Decisions are not made in theory but shaped by those who operate the network. $WAL holders participate in voting, with influence tied to stake, while node operators help set penalty rules because they are the ones affected when performance drops.
This creates a system where responsibility and decision-making stay connected. If reliability matters, the people maintaining it have a say in how strict the rules should be.
Governance designed this way tends to stay practical instead of political. When incentives match real operational costs, decentralization feels less chaotic and more maintained over time.
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