Market Data
About WAL
WAL is the native utility and governance token for Walrus, a decentralized storage and data availability protocol built on the Sui blockchain designed for large binary files (blobs). The token serves as the primary currency for storage services, with a mechanism aimed at stabilizing costs in fiat terms. It powers the network's economy and security through a Delegated Proof-of-Stake (dPoS) mechanism, allowing holders to stake with node operators to earn rewards and participate in governance voting. The protocol facilitates efficient data markets for the AI era, enabling the activation, verification, and monetization of large-scale data across various industries.
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