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More and more projects are entering the storage track, but most still face a common challenge: how to truly convert storage demand into token value rather than letting it become mere air? Walrus offers an interesting solution—using two tokens to serve different purposes.
In this model, WAL focuses solely on maintaining the storage layer ledger. Users pay with WAL when they need to store data, and node operators earn WAL by staking and providing storage services. This way, the value trend of WAL is directly linked to real storage demand and won't be skewed by other on-chain activities.
SUI, on the other hand, handles the gas settlement for on-chain transactions—operations like uploading files and renewing storage require SUI for settlement, and rewards are distributed to the validators of the Sui network.
What are the benefits of this division of labor? First, WAL won't be passively diluted due to fluctuations in other parts of the Sui ecosystem; second, projects can directly leverage Sui's existing liquidity and fiat on-ramps, reducing onboarding costs for new developers.
Data also shows that the ecosystem is gaining momentum—by mid-year, over 1 billion WAL tokens have been staked, and 121 storage nodes are operating stably. The dual-token design provides the entire ecosystem with a self-regulating incentive balance mechanism.