Admittedly, now I have to calm down and study a new protocol, and the difficulty has really increased. Looking at this round of market, I've seen too many projects that start high-profile and then quickly exit, stepping into more seemingly logical but unsustainable traps that can't survive more than two cycles. So I’ve long since overhauled my project evaluation framework.

My initial attention to Walrus wasn’t due to any recommendation from others or rankings—just a few lines about its mechanism design in a niche discussion corner. What made me stay for a few more seconds wasn’t what it was going to do, but what it deliberately chose not to do.

The current industry consensus is very clear—new protocols want to take everything on their shoulders from the start: high yields, rapid growth, compelling storylines, and community hype pushed to the max. But Walrus feels completely different. Its pace is noticeably restrained, and its communication leaves room for interpretation. It’s more like first clarifying the underlying structure rather than rushing to make a splash.

From a participant’s perspective, after several cycles of baptism, you’ll realize a harsh truth: the real cause of losses is often not misjudgment but stepping into projects with inherent mechanism flaws. Short-term gains may be sweet, but over time, systemic risks will inevitably bite back.

What I find most noteworthy about Walrus is its attitude toward security and transparency. It’s not the kind of slogan shouting like “We are safe and secure,” but rather trying to use more straightforward contract logic, allowing participants to truly see what they’re doing. To me, this is a very strong signal—it’s not playing conceptual games but aiming to thoroughly explain every part of the protocol.

This approach is very different from the routines of many current projects. Most protocols are designed to first throw out enticing yield promises and narrative frameworks, using hype to attract initial participants, then rely on this momentum to grow. But this pattern itself is a landmine—once growth slows down or market sentiment shifts, the entire structure can easily collapse.

What’s good about Walrus is that it seems patient enough to build an ecosystem that can last longer. It doesn’t pursue explosive growth at the start but instead gradually accumulates a genuine user base through more robust mechanisms and clearer rules. In the long run, this approach has a higher fault tolerance.

Of course, this also means participants need a different mindset. If you’re expecting quick double-ups and soaring to the sky, Walrus’s pace might disappoint you. But if you care about your funds being in a relatively healthy, transparent system, this restraint is actually a plus.