The WAL token operates on a delegated Proof of Stake (dPoS) system, where users stake tokens to secure the network and vote on governance decisions. The storage contract must stake WAL to participate, with penalties for poor performance. A portion of WAL is also burned with each data transaction, creating a deflationary pressure on supply. The token is also used as a means of payment for storage and access to data (Walrus Foundation).
The summary
Walrus reimagines data as a programmable asset by combining decentralized storage, ready-to-use AI verification, and token incentives. Its integration with the scalability of Sui and cross-chain flexibility makes it suitable for a wide range of applications, but the question remains: will it be able to balance strong security with the demands of large-scale AI data consumption?