Walrus, as a key player in the decentralized storage sector, has its native token playing a crucial role in the entire ecosystem. As the integration of AI and Web3 deepens, the demand for on-chain data is exploding, opening a trillion-dollar door for the entire storage sector.

In terms of practical use cases, it is the sole settlement tool for storage fees within the network. When users upload data, the fees paid directly flow to node operators as incentives, while a portion enters the storage fund to ensure long-term data availability. This design not only incentivizes nodes to keep the network active but also maintains stable and predictable fees through a transparent mechanism, avoiding sudden cost shocks.

Regarding security and incentives, node operators need to stake this token to qualify for network participation, and ordinary holders can also share in the rewards through delegated staking. This creates a self-reinforcing positive feedback loop—nodes are motivated to maintain network stability, holders earn returns, and the overall security of the ecosystem is enhanced.

In terms of power distribution, token holders hold the real decision-making authority. Protocol upgrades, parameter adjustments, and fund allocations are all decided by community votes, ensuring the development direction always aligns with community interests. The total supply is fixed at 5 billion tokens, fundamentally eliminating inflation risk and providing clear expectations for investors.

From an ecosystem growth perspective, more and more NFT projects, social applications, games, and AI tools are beginning to connect to the Walrus network. Each new application increases storage demand, which in turn drives up the need for token payments and staking. The mainnet is currently operating smoothly, with the number of integrated projects continuously rising, and the fundamentals are quite solid. Early participants are now experiencing the value growth brought by network effects firsthand. Ultimately, choosing to participate in the decentralized storage sector is essentially a bet on the future of the data economy.