Last March, I came across the introduction of Walrus while browsing Web3 projects. At that time, I was researching decentralized storage solutions because the costs of traditional cloud services were quite high. Seeing its claim that storage fees could be reduced to one-fifth of traditional solutions, my initial reaction was a bit skeptical. But since such a claim existed, I decided to give it a try myself. I bought my first batch of WAL tokens on a major exchange, and at that time, the price was only $0.36. Looking back now, that decision really paid off.

The real reason I decided to increase my holdings was that the technology itself is solid. I later studied its Red Stuff encoding scheme specifically. Although I don't fully understand the deep mathematical principles, the simple idea is to split large files into fragments and disperse them across nodes worldwide. The clever part of this mechanism is that only 20 out of 30 fragments need to be recovered for the entire file to be restored, ensuring data security while greatly saving storage space. I used it to store my short video素材库, and uploading a 10GB file was much faster than with a certain major cloud storage provider I used before. After three months, I spent less than 5 WAL coins, which is indeed more cost-effective than traditional solutions. That’s true technological implementation.

Token prices inevitably fluctuate, and I was quite nervous at times. But after understanding its economic model, I felt much more confident. WAL’s total supply is 5 billion, with only 25% currently in circulation. The remaining major portion—over 60% of the tokens—are allocated for community airdrops and ecosystem subsidies. This distribution logic makes me optimistic about the project’s long-term development. Another key point is the staking mechanism: I staked half of my holdings, earning rewards steadily each month. The crucial part is that these rewards genuinely come from users’ storage fees, not from the project printing money out of thin air. That’s what makes it sustainable.