The Walrus protocol launched by Sui developer Mysten Labs has announced its Token economic model, with a total supply of 5 billion WAL tokens and an initial circulating supply of 1.25 billion.

The distribution of WAL Token is as follows:
10% for Walrus user airdrop,
43% for community reserves, used for funding, developer support, and incentive programs,
30% allocated to core contributors,
10% allocated for subsidizing storage nodes,
7% allocated to investors, with a lock-up period of 12 months after the mainnet launch.
The WAL Token, as a payment token, aims to maintain stable storage costs and ensure protocol security through delegated staking. Walrus adopts a deflationary mechanism, including penalty fees for short-term staking and reductions for inefficient storage nodes, to promote the long-term stable development of the network.
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