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.
WAL-0,88%
SUI-2,92%
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MemeCoinSavantvip
· 23h ago
nah fr the testnet flex is lowkey genius, not gonna cap about the memetic velocity of free practice coins hitting different
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AltcoinTherapistvip
· 01-10 23:20
Never screenshot your mnemonic phrase. I almost got into trouble last time.
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digital_archaeologistvip
· 01-09 17:01
2.5 billion TVL sounds impressive, but when it comes to free tokens on the testnet, it's truly a matter of integrity.
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TokenAlchemistvip
· 01-09 02:25
ngl the testnet sandbox thing is actually smart—beats watching your gas optimization fail on mainnet. 25B tvl though, that's what catches the asymmetric returns play here
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WhaleWatchervip
· 01-08 15:50
2.5 billion TVL sounds impressive, but how many actually make a profit? --- The claim that new users have a low barrier to entry is false; safeguarding your mnemonic phrase is the real test. --- Wait, if 300 million tokens are dispersed, how much can we actually get? --- Practicing on the testnet is smart, otherwise one mistake on the mainnet could be disastrous. --- Mysten Labs's endorsement does carry some weight, but I wonder if they'll dump their holdings later. --- Ultimately, it depends on individual risk tolerance; just don't go all in. --- The wallet security section is well written, much better than when I first entered the space and got scammed.
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WhaleShadowvip
· 01-08 15:48
Writing down the mnemonic phrase on paper is really easy for beginners to overlook. When I first got started, I almost took a screenshot haha
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MEVHunterWangvip
· 01-08 15:46
300 million WAL tokens, sounds like a lot, but I'm just worried it might be just a drizzle again.
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StopLossMastervip
· 01-08 15:38
25 billion TVL sounds good, but I don't know when retail investors will get a chance to benefit
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GateUser-9ad11037vip
· 01-08 15:31
2.5 billion TVL sounds good, but only a few people will really be able to make money.
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