Recently, tutorials about "zero investment to get rich" have been everywhere, and many people are excited, thinking they are about to buy luxury cars. But I suggest you calm down first.
I spent a few days understanding the Walrus ecosystem, and today I want to talk about the "opportunities" and "pitfalls" involved.
**The True Cost Behind Uploading Data**
Many tutorials tell you to upload images and store data, claiming it's for future airdrops. The surface logic sounds reasonable, but where's the problem? Every interaction costs Gas (using Sui). Currently, the Gas fees on the Sui mainnet are not low, in other words, each operation costs real money. Suppose you interact ten times, you might spend a significant amount.
Essentially, you're using your own funds to test the network performance and generate on-chain activity data for the project team to showcase project popularity to investors. Whether you get an airdrop in the end, or how much, depends entirely on the project team’s decision. It’s like using your bullets to fight someone else’s war.
**Hidden Risks in the Staking Mechanism**
WAL is touted as the "golden shovel." Staking allows participation in other project airdrops, which sounds good. But there are two major pitfalls that cannot be ignored.
The first is node risk. If you randomly choose a node to stake, and that node operator behaves improperly and gets penalized (Slash), your principal will also be affected. Many people only look at the annualized return but pay little attention to the credibility of the node operator. This is a fatal oversight.
The second is opportunity cost. Locking WAL in staking for a long time means that if its price surges, you won’t be able to react in time. If it doesn’t drop sharply, you’ll just watch your assets shrink. The so-called airdrop rewards are often just "promises" to compensate for your opportunity cost losses.
**Calculate Your Costs When Participating**
In this ecosystem, participating in any project requires a clear understanding of your costs, expected returns, and risks. Don’t be fooled by sensational titles in tutorials; every investment should be justified and well-reasoned.
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AmateurDAOWatcher
· 18h ago
It's the same old story, I already lost that bit of gas fee money.
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Staking nodes are indeed easy to fall into traps; when slicing, I simply can't react in time.
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Basically, it's using retail investors' money to boost the project’s image, airdrops are nowhere in sight.
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I really don't dare to touch nodes with insanely high annualized returns.
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Calculating the accounts is very important. I didn't do it clearly before, now I'm locked out.
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The luxury car dream hasn't come true yet, but I took a hit on gas fees first.
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The walrus gold shovel is just so-so; when you consider opportunity cost, the gains disappear instantly.
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There are so many tutorials every day, but how many actually make money?
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The credibility of node operators really needs to be checked more carefully; don't choose blindly.
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I've tasted the pain of asset devaluation and will never lock assets long-term again.
View OriginalReply0
FarmToRiches
· 01-10 12:57
Really, once you calculate the gas fees, it’s just heartbreaking. Those airdrops are far from enough to fill this gap.
Watching others share their earnings every day makes you believe, but in the end, you become the one working for the project.
I’ve seen firsthand when staking gets slashed—half of the principal was gone. It’s devastating.
Honestly, it’s still a rookie mentality, always thinking you can make quick money.
Locking up WAL just to wait for a vague airdrop—I think 99% of the time, it’s a total loss.
It’s always like this—the project team is the biggest winner, and not a single retail investor escapes.
Reading this article feels like a punch to the gut. I’ve definitely done these stupid things myself.
Calculate the costs, everyone. Don’t be fooled by those clickbait titles.
View OriginalReply0
MEV_Whisperer
· 01-08 05:50
It's that season again for zero-cost farming tutorials, but gas fees are the real cost.
Bro, you hit the nail on the head. The node slash part is indeed a blind spot for most people. Only looking at annualized returns without considering the operator's reputation is truly deserved.
Staking and locking up tokens, then watching the price soar—this opportunity cost is even more painful than gas fees.
Every time, it's just bearish promises, and in the end, they rely on these airdrops to make up for losses. The套路 is too deep.
Participating without accounting? Isn't that just giving money to the project team to test the network?
View OriginalReply0
MetaverseVagrant
· 01-08 05:50
Damn, it's the same story again. Gas fees eat up half the profits, and airdrops depend on the project team's mood.
Getting slashed on staking is really a huge loss; those high annual yields are just a gimmick.
Every time I see zero-cost tutorials, I just want to laugh. You're basically paying out of pocket to be a test subject for the project team.
You're right, doing the math is the way to go. Don't follow the trend blindly.
There are so many pitfalls in this ecosystem; it's better to quietly accumulate coins and wait for public chain development.
View OriginalReply0
BlockTalk
· 01-08 05:44
Another post that pours cold water on the newcomers, but this time I have to agree, the hype around zero-earning has definitely been exaggerated.
Gas fees are paid out of pocket, and in the end, how much airdrop you actually receive remains a mystery. This deal isn't worth it.
The risk involved in staking nodes is real. I've seen too many people get slashed because they didn't choose the right nodes, and their principal was wiped out.
What I'm most afraid of is the price skyrocketing during the lock-up period, making the airdrop compensation look like a joke in hindsight.
These kinds of articles look comfortable to read but lack novelty. The core message is one sentence: calculate everything carefully before taking action.
Recently, tutorials about "zero investment to get rich" have been everywhere, and many people are excited, thinking they are about to buy luxury cars. But I suggest you calm down first.
I spent a few days understanding the Walrus ecosystem, and today I want to talk about the "opportunities" and "pitfalls" involved.
**The True Cost Behind Uploading Data**
Many tutorials tell you to upload images and store data, claiming it's for future airdrops. The surface logic sounds reasonable, but where's the problem? Every interaction costs Gas (using Sui). Currently, the Gas fees on the Sui mainnet are not low, in other words, each operation costs real money. Suppose you interact ten times, you might spend a significant amount.
Essentially, you're using your own funds to test the network performance and generate on-chain activity data for the project team to showcase project popularity to investors. Whether you get an airdrop in the end, or how much, depends entirely on the project team’s decision. It’s like using your bullets to fight someone else’s war.
**Hidden Risks in the Staking Mechanism**
WAL is touted as the "golden shovel." Staking allows participation in other project airdrops, which sounds good. But there are two major pitfalls that cannot be ignored.
The first is node risk. If you randomly choose a node to stake, and that node operator behaves improperly and gets penalized (Slash), your principal will also be affected. Many people only look at the annualized return but pay little attention to the credibility of the node operator. This is a fatal oversight.
The second is opportunity cost. Locking WAL in staking for a long time means that if its price surges, you won’t be able to react in time. If it doesn’t drop sharply, you’ll just watch your assets shrink. The so-called airdrop rewards are often just "promises" to compensate for your opportunity cost losses.
**Calculate Your Costs When Participating**
In this ecosystem, participating in any project requires a clear understanding of your costs, expected returns, and risks. Don’t be fooled by sensational titles in tutorials; every investment should be justified and well-reasoned.