Walrus Protocol Announces Token Economic Model: 10% for Walrus User Airdrops

PANews reported on March 20 that the Walrus protocol launched by Sui developer Mysten Labs announced its token economic model. The total supply of WAL tokens is 5 billion, and the initial circulation supply is 1.25 billion. The distribution of WAL tokens is as follows: 10% is used for Walrus user airdrops, 43% is reserved for the community for funding, developer support and incentive programs, 30% is allocated to core contributors, 10% is used to subsidize storage nodes, and 7% is allocated to investors. The unlocking period is 12 months after the mainnet is released. As a payment token, WAL tokens are designed to keep storage costs stable and ensure the security of the protocol through delegated staking. Walrus adopts a deflation mechanism, including penalty fees for short-term staking and the reduction of inefficient storage nodes, to promote the long-term stable development of the network. The Walrus mainnet is scheduled to go online on March 27 .

Walrus Protocol Announces Token Economic Model: 10% for Walrus User Airdrops

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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