Walrus Network's WAL token design is quite meticulous. Out of the total supply of 5 billion tokens, 43% is directly allocated to the community and incentive pools, clearly prioritizing ecosystem development. From a functional perspective, WAL connects three core scenarios: storage transactions, governance voting, and node staking, each of which is a real application.

Interestingly, the deflationary logic—built-in destruction mechanism at the protocol level—burns a portion of WAL in on-chain transactions. As the network's user base grows, the token supply will become increasingly scarce, providing natural support for long-term value.

The governance aspect is also well-implemented. Holders stake tokens to participate in decision-making, and storage nodes must also stake WAL to provide services and earn rewards. This integrated interest model effectively ensures network security, since damaging the network would be akin to destroying one's own investment.