The WAL token is core to the functionality of the WAL blockchain ecosystem.Among its main uses, it serves the purpose of transaction fees, where it is utilized to facilitate operations on the network.This ensures that there are no drawbacks to network operations, including any effects on the economy.$WAL
#walrus is also a staking asset, where token holders can stake their tokens in the name of securing the network.In return, the token holders get rewards.It is also used for governance, where the token holders get the voting rights in matters concerning the upgrade and parameters of the protocol.It is also used for the voting rights of the community on the parameters concerning the protocol.
In addition, @Walrus 🦭/acc is employed in decentralized applications for the purpose of making payments, providing incentives and gaining access to premium functionality.The system also enables ecosystem rewards, grants and collaborations.
