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Walrus Protocol

Basic Information

InformationDetails
Project NameWalrus Protocol
Project Websitehttps://www.walrus.xyz/
Project DescriptionA decentralized storage network built on the Sui blockchain, aiming to provide secure, efficient, and decentralized data storage solutions.
Project TickerWAL

Airdrop Details

InformationDetails
Airdrop TypeWAL (Governance Token)
Total Airdrop Amount500 million WAL tokens (10% of total supply)
Number of Eligible UsersNot Known
Number of ClaimantsNot Known

Timeline

EventDate
Blockchain SnapshotNot Known
Claiming StartedFebruary 19, 2025
Claiming EndsNot Known

Token Distribution

DistributionAmount
MaximumNot Known
Median/AverageNot Known
MinimumNot Known

Eligibility Criteria

To qualify for the Walrus Airdrop, users are generally required to engage actively with the Walrus Protocol and the broader Sui ecosystem. The commonly referenced eligibility criteria include:

  • Sui Wallet Setup: Install a Sui-compatible wallet (e.g., Sui Wallet or Phantom) and switch the network to the Sui Testnet.

  • Obtaining Testnet Tokens: Acquire testnet SUI tokens via the Sui Testnet faucet or through the Sui Discord channel.

  • Staking $WAL Tokens: Stake at least 1 $WAL token with an approved validator on the Walrus staking platform.

  • Minting NFTs: Mint a Flatland NFT on the Walrus website using your Sui Wallet.

  • Community and Social Engagement: Participate in Walrus-related campaigns on platforms like Galxe, engage actively in the Walrus Discord, and follow Walrus on social channels to stay updated and participate in contests.

  • Sui Ecosystem Interaction: Engage with other Sui protocols, hold SUI domains, or interact with Sui dApps, as active participation in the ecosystem may influence eligibility.

  • Testnet Participation: Interact with the Walrus public testnet by performing tasks like uploading data or testing storage features.

Note: The exact criteria for the Walrus Airdrop have not been fully standardized across all sources, and some details remain speculative until officially confirmed by the Walrus team.

Additional Information

  • Token Utility: WAL serves as the native token for the Walrus Protocol, used for payments, staking (to support network security), and governance. Users pay WAL tokens for storage services, stake tokens to participate in network security, and engage in governance activities to adjust system parameters.

  • Total Token Supply: The maximum supply of WAL tokens is 5 billion, with 10% allocated for the initial community airdrop.

  • Mainnet Launch: The Token Generation Event (TGE) and mainnet launch are reportedly scheduled for late March 2025, with some sources suggesting March 27, 2025.

Please note that the information provided is based on available sources as of March 24, 2025. For the most accurate and up-to-date details, always refer to official Walrus Protocol channels.

This post is licensed under CC BY 4.0 by the author.