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Details: https://www.gate.com/announcements/article/47889
Walrus is the main decentralized storage solution in the Sui ecosystem, backed by Mysten Labs's technology and a funding scale of $140 million. Currently, the TVL exceeds $2.5 billion. The project distributes 300 million WAL tokens as incentives to the community and is still accepting new participants.
For users new to Web3, the participation threshold is not high. The entire process is divided into two basic preparation stages, which together take a limited amount of time.
**Wallet Setup: The Key First Step**
Start by installing the official Sui Wallet. Desktop users can open the Chrome browser, search for "Sui Wallet" in the extensions store, and add it to the browser; mobile users can simply search for the same app in the App Store and download it. After installation, you need to create a new wallet — this step is crucial. The system will generate a set of mnemonic phrases; write them down on paper and store them securely. Do not take screenshots, photos, or save them on electronic devices, because if the mnemonic phrases are leaked, the assets in the wallet will be fully exposed.
**Testnet Experience: The Essential Second Step**
It is recommended to practice on the testnet first. After opening the wallet, click the network switch option at the top and select the test network. The system will provide free test coins, which can be used to familiarize yourself with the entire interaction process and understand all operational logic at zero cost.
The benefits of doing this are obvious: it reduces the chance of errors during actual operation and provides a basic understanding of the specific mechanisms of the Walrus platform. Once fully prepared, you can then officially participate in the community incentive program.