Many so-called blockchain projects, no matter how well they are presented, are just displays. "Decentralization" has become a marketing slogan, but decision-making power still remains in the hands of the project team, and users have no rights at all.

However, Walrus has taken a different path. Its governance mechanism is straightforward: holding WAL tokens allows participation in voting decisions. The larger the holding, the greater the say. Key project matters—such as storage fee rates, feature priorities, validator rules, and ecosystem fund usage—all require community voting. This completely breaks the "the project team makes all decisions" situation.

Transparency is well handled. All proposals are publicly displayed on the community platform, with clear explanations of background, implementation impact, and expected results. Voting is recorded on-chain throughout, unchangeable, and everyone can see the results. Even if you hold only a small amount of WAL, as long as your reasons are solid, you can still propose and gain support.

Participating in governance yields tangible rewards. Voting can determine the ecosystem's direction, making the platform more aligned with user needs. More attractively, active governance participants can also receive additional WAL rewards. This design of "having a say and earning rewards" naturally stimulates user engagement and creates a positive feedback loop.

For enterprise-level users, this mechanism is even more appealing. Long-term users of Walrus storage services? Holding WAL allows participation in voting to push for platform development of more enterprise-friendly features—such as batch processing, customized privacy solutions, and so on—making the service truly tailored to their needs.