WAL is burning 🔥(and it’s a good thing).Every time someone pays to use Walrus, some WAL is burned, causing deflationary pressure.Plus, Walrus’ storage pricing is now in USD, creating greater price stability for the long term.It’s designed to work for everyone as the network scales and grows. ...

📁 Things That Work└ 📁 Sui Stack├ 🧱 Sui├ 📦 Walrus (storage)├ 🛡️ Seal (encryption & access control)├ 🕸️ Nautilus (compute)├ 📊 DeepBook (liquidity)├ 🔐 zkLogin (auth)└ 🧭 SuiNS (identity) ...

New Product Launch - Grayscale launches DeepBook and Walrus trusts [1] - The trusts offer exposure to DEEP and WAL tokens [1] - DEEP and WAL are two Sui protocols [1]

Core Insights - Grayscale has launched two new investment trusts, Grayscale DeepBook Trust and Grayscale Walrus Trust, providing exposure to the DEEP and WAL tokens within the Sui blockchain ecosystem [1][6]. Company Overview - Grayscale is the world's largest digital asset-focused investment platform, founded in 2013, with a decade-long track record in the digital economy [12]. Product Details - The DeepBook Trust and Walrus Trust are designed to offer investors direct exposure to the DeepBook and Walrus protocols, which are integral to the Sui ecosystem [3][6]. - DeepBook functions as a central limit order book on the Sui blockchain, providing a foundational liquidity layer for decentralized finance (DeFi) applications, enhancing price execution and minimizing latency [3][5]. - Walrus serves as a global data layer for on-chain builders, addressing challenges in decentralized systems by enabling secure, programmable, and scalable data management [4][5]. Ecosystem Impact - Both protocols are positioned to support the financial and data infrastructure necessary for the real-world adoption of the Sui ecosystem, with growth expected as user and developer activity increases [5][6]. - The Sui blockchain, developed by Mysten Labs, is a high-performance Layer 1 blockchain that emphasizes speed, low fees, and seamless user experiences, utilizing parallel transaction processing and the Move programming language [2].

Core Viewpoint - The collaboration between Mysten Labs and Veea Inc. aims to enhance decentralized data storage and transport capabilities through the integration of Walrus with VeeaHub STAX, creating a secure and scalable environment for decentralized applications and AI development [1][4]. Group 1: Product Integration - Walrus has been adopted as a VeeaHub STAX edge solution, providing high-performance data transport and storage for decentralized networks [1]. - VeeaHub STAX utilizes NVMe architecture to support edge computing tasks, ensuring reliable and secure data storage [2]. - The integration allows Walrus to scale with thousands of STAX-NVMe storage nodes, maintaining security and reliability while offering cost and speed advantages over centralized cloud services [4]. Group 2: Developer Benefits - The partnership enhances capabilities for developers, enabling low-latency access to data stored on Walrus, which empowers new use cases for edge AI and decentralized applications [3]. - Developers can leverage the Walrus Decentralized Store to build applications that operate on a Decentralized Physical Infrastructure Network (DePIN) [4]. Group 3: Company Background - Mysten Labs, founded by former Meta executives, focuses on creating foundational infrastructure for a decentralized internet and is the original contributor to the Sui blockchain [6]. - Veea Inc. specializes in smart edge connectivity and computing, with its VeeaHub STAX platform recognized for its edge networking and storage capabilities [8].