Recently, a financial product has become quite popular in the crypto market. A leading exchange's high-level financial project recently partnered with Walrus to launch the "WAL Lock-up Staking" product line. The returns on this product are indeed quite extraordinary—an annualized base rate of 18%, plus additional subsidies from the exchange, bringing the total annualized return to over 28%. Within less than two days of launch, the available quota was fully snapped up.

Why is it so popular? Let's first look at the design of this product. It offers three flexible durations: 7 days, 30 days, and 90 days. The 7-day option supports anytime redemption, which is much more liquid compared to lock-up products that typically require at least half a year. The staked funds are held in escrow by the exchange, ensuring security. The earnings are calculated daily and automatically credited upon maturity, eliminating the need for users to manually withdraw.

There's also an invisible benefit—users participating in staking get priority access to subscription rights for WAL tokens when they are listed in the innovation zone. This is like buying a financial product while also securing a spot in an IPO, making it quite attractive.

One user staked 100,000 WAL into the 30-day product and earned over 6,000 WAL just from interest. Plus, considering the potential appreciation of the token itself, the overall return is quite attractive. Currently, there are still some remaining quotas for the 90-day option. If you're a conservative investor, entering now allows you to lock in high yields while also positioning yourself for potential token listing bonuses. The cost-performance ratio is indeed impressive.