Walrus Becomes Independent PoS Network With Native Token Governance

According to Foresight News, the decentralized storage and data availability protocol Walrus has announced via a tweet that it will officially become an independent Proof-of-Stake (PoS) network. This transition will involve governance and incentives being managed by its native token, WAL. Previously, Foresight News reported that in June, Sui development company Mysten Labs announced the launch of Walrus. The protocol is designed for blockchain applications and autonomous agents.