Many friends who have recently entered Web3 are paying attention to the Walrus project. To be honest, as a professional decentralized storage solution in the Sui ecosystem, Walrus has indeed attracted a lot of attention—Mysten Labs' strategic support, $140 million in funding, and a TVL consistently above $2.5 billion are all impressive numbers.
Currently, the community incentive period is underway, and it is said that there are still 300 million WAL tokens waiting for participants to claim. Many people say that entering now is a bit late, but although the spots are decreasing, if you follow the steps carefully, you can still operate steadily. The key is that this process isn't that complicated; today, we'll break down the core steps to help everyone get started quickly.
**The preparation work actually involves two things**
First, you need to install the Sui official wallet. This step seems simple, but be sure to use the official channels to avoid falling for phishing apps. Computer users should open the Chrome browser, go to the extension store, search for "Sui Wallet," and click add; mobile users can search for the same name in the App Store to download, both are official.
After creating the wallet, the system will give you a string of seed phrases. This is very important—write it down on a notebook directly, and don't think about taking screenshots or saving it on your phone. This is not alarmist; the seed phrase is the key to your digital assets. If it leaks or is lost, all your previous efforts will be in vain.
**Pre-participation practice is essential**
It is recommended to try on the testnet first to familiarize yourself with the process and avoid pitfalls. Sui's testnet offers free test tokens, which are perfect for practice. This way, when you operate for real, you'll have confidence and won't make mistakes due to unfamiliarity.
**Why is it worth paying attention to**
Walrus's positioning in the Sui ecosystem is quite special. Storage has always been a weak point in Web3 infrastructure, and Walrus has introduced a distributed storage solution. The funding amount and TVL data are impressive, and the ecosystem participation level is also high, indicating market recognition.
The community incentive of 300 million WAL tokens is indeed quite substantial, and the participation cost is basically zero. The most troublesome part is the initial information gathering and wallet setup. Once these two are done, subsequent operations are straightforward.
**Final reminder**
When entering, be sure to use official channels. Don't be tempted by cheaper options or misled by marketing accounts into using unreliable tools. For crypto assets, one careless decision could be costly. Treat seed phrases and private keys like your bank account passwords—there's nothing wrong with that.
Overall, although the earliest participants have already entered, the process itself is quite friendly to newcomers. Completing the steps in three or five minutes, then just waiting for the community incentives.
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TokenSleuth
· 5h ago
Mnemonic phrases really depend on fate, I've seen someone just screenshot the result and get wiped out..
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That's right, you can still make a profit if you enter now, just don't find it too troublesome or lazy.
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300 million WAL tokens? I’m a bit tempted but still need to see how things develop later.
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Practicing on the testnet is definitely necessary to avoid trembling hands during actual operations.
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The funding amount for Walrus looks quite solid, unlike some air projects.
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The phishing app issue is real, I know someone who got caught and really lost out.
View OriginalReply0
GasFeeSurvivor
· 01-08 15:59
The step of handwritten mnemonic words really can't be skipped. I've seen too many people suffer losses because of this before.
The reduction in seats is real, but the process isn't as complicated as it seems.
3 billion WAL is indeed tempting, but I'm just worried it might be another air project.
Phishing wallets are really hard to defend against; you still need to be more cautious yourself.
Walrus's recent financing data is indeed impressive, but competition in the storage track is also quite fierce.
Practicing on the testnet first is a good suggestion; it's a safe move.
Why insist on official channels? These days, even official sources can't be fully trusted.
With an incentive pool of 3 billion tokens, how much can each person actually get?
Another project claiming "participation cost is zero"—just hearing that should raise suspicion.
View OriginalReply0
DeFiAlchemist
· 01-08 15:58
the tvl-to-market-cap transmutation cycle here is *chef's kiss* ... $2.5b locked yet still chasing yield efficiency gains, it's like watching base metals transform through algorithmic furnaces
Reply0
BrokenDAO
· 01-08 15:58
300 million tokens of incentives sound great, but how many actually get into your hands? A little gamble will make it clear.
View OriginalReply0
GhostWalletSleuth
· 01-08 15:44
Don't be lazy with the mnemonic handwriting step. I've seen too many people get phished because of screenshots.
3 billion WAL tokens are really attractive. The only concern is that newcomers might lose their private keys due to fake wallets.
Is it too late to participate now? It feels like we've missed the earliest wave of profits.
Make sure to use the official Sui wallet channels. Don't save a little and risk losing your assets.
Practicing on the testnet is a great suggestion. It saves you from panicking during real operations.
I just want to ask, has anyone experienced being scammed?
25 billion TVL sounds stable, but when has Web3 ever been truly stable?
View OriginalReply0
SocialFiQueen
· 01-08 15:38
Another airdrop of 300 million tokens, is this one real or fake?
With Walrus's current hype, can you get a few cents by joining?
I'm impressed that people still don't know how to write down mnemonic phrases manually. Is there anyone left unaware?
25 billion TVL sounds like a lot, but is the storage sector really that competitive?
I installed the Sui wallet early on, just waiting to harvest some rewards.
Honestly, with such a low barrier to entry, the rewards will definitely shrink later on.
Playing around on the testnet is the proper way to do it; don't mess around blindly.
Many friends who have recently entered Web3 are paying attention to the Walrus project. To be honest, as a professional decentralized storage solution in the Sui ecosystem, Walrus has indeed attracted a lot of attention—Mysten Labs' strategic support, $140 million in funding, and a TVL consistently above $2.5 billion are all impressive numbers.
Currently, the community incentive period is underway, and it is said that there are still 300 million WAL tokens waiting for participants to claim. Many people say that entering now is a bit late, but although the spots are decreasing, if you follow the steps carefully, you can still operate steadily. The key is that this process isn't that complicated; today, we'll break down the core steps to help everyone get started quickly.
**The preparation work actually involves two things**
First, you need to install the Sui official wallet. This step seems simple, but be sure to use the official channels to avoid falling for phishing apps. Computer users should open the Chrome browser, go to the extension store, search for "Sui Wallet," and click add; mobile users can search for the same name in the App Store to download, both are official.
After creating the wallet, the system will give you a string of seed phrases. This is very important—write it down on a notebook directly, and don't think about taking screenshots or saving it on your phone. This is not alarmist; the seed phrase is the key to your digital assets. If it leaks or is lost, all your previous efforts will be in vain.
**Pre-participation practice is essential**
It is recommended to try on the testnet first to familiarize yourself with the process and avoid pitfalls. Sui's testnet offers free test tokens, which are perfect for practice. This way, when you operate for real, you'll have confidence and won't make mistakes due to unfamiliarity.
**Why is it worth paying attention to**
Walrus's positioning in the Sui ecosystem is quite special. Storage has always been a weak point in Web3 infrastructure, and Walrus has introduced a distributed storage solution. The funding amount and TVL data are impressive, and the ecosystem participation level is also high, indicating market recognition.
The community incentive of 300 million WAL tokens is indeed quite substantial, and the participation cost is basically zero. The most troublesome part is the initial information gathering and wallet setup. Once these two are done, subsequent operations are straightforward.
**Final reminder**
When entering, be sure to use official channels. Don't be tempted by cheaper options or misled by marketing accounts into using unreliable tools. For crypto assets, one careless decision could be costly. Treat seed phrases and private keys like your bank account passwords—there's nothing wrong with that.
Overall, although the earliest participants have already entered, the process itself is quite friendly to newcomers. Completing the steps in three or five minutes, then just waiting for the community incentives.