WAL is the native token of the Walrus protocol. This project is built on the high-performance Sui blockchain and focuses on creating a decentralized financial ecosystem centered on privacy and security. In simple terms, it is not an ordinary DeFi project—private transactions, dApps participation, community governance, staking rewards—these functions are all enabled through the WAL token.

But Walrus's real highlight lies in the data storage layer. The protocol adopts an innovative combination of erasure coding and blob storage. In simple terms, large files are sliced, encoded, and then dispersedly stored across various nodes in the decentralized network. This approach offers several benefits: highly reliable data, support for recovery, lower costs, and resistance to censorship. Compared to traditional centralized cloud storage models, this solution aligns more closely with the ideals of Web3.

From another perspective, Walrus aims to address the data storage pain points of the entire Web3 ecosystem. Whether for application developers, enterprises, or individual users, they can find data management solutions that combine privacy, security, and cost-effectiveness on this platform. In the decentralized storage race, it is becoming an important infrastructure player.