Recently, I came across a storage project token model that I find quite interesting and worth discussing.

The WAL token has a total supply of 5 billion tokens, and the overall design idea is to bind the three core aspects of network operation to the token.

First is the storage fee payment. Users who want to store data on this network must pay with WAL, and a portion of this fee is directly burned. This means that as storage demand increases, tokens will be continuously burned, creating genuine deflationary pressure. This is not just market manipulation but backed by real business activity.

Second is the staking mechanism at the node level. Operators running storage nodes need to lock up WAL as collateral to participate in the network and earn rewards. Ordinary users can also delegate their tokens to these nodes to share in the earnings. This effectively uses economic incentives to lock in both network security and token liquidity simultaneously.

Finally, on the governance side. Token holders can vote on important network parameters.

It seems that this design links usage demand, security costs, and governance rights all to a single token. The larger the storage business volume, the more tokens are needed, which can provide intrinsic value support for the token in the long run. Of course, the actual development will still depend on user growth.