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The mainnet staking feature of Walrus Protocol is now officially live, and you can participate starting April 1st. Looking at the official data, the annualized yield ranges from 12% to 16.67%, with a base of 12%. If you participate within the first 30 days, there's an additional 4.67% reward.
Staking is actually quite simple. Transfer WAL tokens to the official staking contract, then choose your staking period—30 days, 90 days, or 180 days. The most convenient part is that rewards are distributed daily, and there's no restriction on withdrawal, so you can exit at any time.
This plan has several highlights. The yield indeed outperforms traditional financial products, with an annual rate of 12-16.67% being quite attractive. The liquidity design is also good—there's no forced lock-up, allowing free entry and exit. The contract has been audited by multiple security agencies, which is reassuring. If you want to maximize returns, you can continue to stake your daily rewards to benefit from compound interest gradually.
On the first day of launch, the excitement seems high—total staking reached 50 million WAL, roughly equivalent to $120 million, with over 100,000 wallet addresses participating. This data shows that the community remains active.
So, what's interesting about participating now? First, the mainnet has just started, and the rewards are at their best level, so early participation is always advantageous. Second, if the WAL price increases during the staking period, there are two sources of profit—collecting staking interest and token appreciation. The dual income potential is quite tempting. From an ecosystem perspective, staking helps maintain and secure the network, and later, participants can benefit from ecosystem growth. There's also an invisible benefit: users who stake WAL gain governance voting rights, giving them a say in major protocol decisions.