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Details: https://www.gate.com/announcements/article/47889
The biggest concern when playing with virtual currencies is security issues. It wasn't until I learned about Walrus's bug bounty program that I felt more at ease. With rewards of up to $100,000, this level of generosity is quite sincere within the entire Web3 ecosystem.
They don't hide behind the scenes waiting to be discovered; instead, they actively invite security experts to challenge them. Smart contracts, core protocols, economic models—any critical vulnerabilities found are rewarded generously. This transparent attitude truly demonstrates the project's sense of responsibility.
More importantly, there is a subsequent safeguard mechanism. Participants must stake WAL tokens to store assets, and if any issues arise, they are directly penalized and confiscated. This self-imposed constraint fundamentally enhances network security. No one dares to mess around casually because the cost is too high.
Honestly, security is the prerequisite for a project's long-term survival. Projects that rely solely on marketing and hype will eventually crash, while those that genuinely invest in strengthening their defenses are trustworthy. Holding such assets indeed provides much more peace of mind—no need to constantly worry about a zero-day vulnerability suddenly exposing the project, leaving it completely gone.