2026-01-07 18:23:08

Walrus's dual-token system (WAL+FROST) appears flashy on the surface, but a closer look at the rules reveals many issues.

First, let's talk about WAL, the main token: a total supply of 5 billion tokens, with 10% airdropped directly by the team, which initially seems like a generous move. However, the underlying data is disappointing—43% of the community reserve pool needs to unlock 22.4 million tokens every month. This means that throughout the entire 8-year cycle, there will always be continuous selling pressure in the market. At the current price of around $1, just this monthly unlock alone represents a selling pressure of $22.4 million. Who can handle that?

Next, look at the auxiliary token FROST. The project team claims, "1 WAL can be exchanged for 1 billion FROST, used for node liquidation." Sounds good, but the problem is there is currently no secondary market for FROST. I asked several node operators, and they all said that the FROST they receive is ultimately frozen in their wallets because there's nowhere to exchange it. In other words, this token is just like a virtual currency with no liquidity.

The most frustrating part of the design is this: to earn FROST, you first have to stake WAL. Essentially, using real assets to exchange for a token that has no liquidity. I know a node operator who invested 100,000 WAL and can earn 50 billion FROST per month, but this number is so huge that it’s meaningless—it's not even enough to buy a cup of coffee.

Currently, some community members are shouting, "Just forget about FROST," but the project team has yet to respond directly. From this perspective, FROST seems more like a tool designed specifically to lock in WAL liquidity. For retail investors, there are really few opportunities to profit from this mechanism.

WAL-7,82%

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RugResistant

· 1m ago

Another flashy double-token trap, with a monthly selling pressure of $22.4 million. This mess simply can't be sustained. FROST without a secondary market is just a joke. Locking WAL to exchange for nothingness—how can retail investors play? 100,000 WAL only equals 50 billion FROST? Might as well just give up and do nothing. The project team pretending to be dead and not responding clearly indicates something. Staking real money to exchange for something that can't be liquidated—who would want to do that... Superficial design, digging deeper would be the end of it. Feels like being stuck in a routine of scalp trading, it's uncomfortable.

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SadMoneyMeow

· 15h ago

It's the same old trick again, just a pretense to lock liquidity. The essence of a dual-currency system is just another way to cut leeks. FROST having no secondary market is really outrageous, it's a confirmed air coin. The more you earn, the faster you lose—are math skills really that hard, project team? Staking WAL to get useless tokens—how clever do you have to be to come up with such a scam? What's even more terrifying is that people are actually throwing money into it. Truly incredible.

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LadderToolGuy

· 01-08 23:39

Another secondary market scam to cut leeks, FROST is just a trap --- Monthly selling pressure of 22.4 million, it will take forever to collapse --- Staking WAL to exchange for virtual currency, truly a Web3 innovation --- Node operators have frozen their wallets, which says everything --- This combination is just to trap retail investors' WAL, speechless --- Here's the question: why are project teams silent about FROST? --- 500 billion FROST can't even buy coffee, this kind of show-off is ridiculous --- It seems Walrus is also playing the classic lock-up game, same old story --- I just want to know who would willingly exchange real coins for something with no liquidity --- This dual-token system is really "thoughtful," if used to scam people

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BearMarketSunriser

· 01-07 18:53

It's the same old trick again, FROST is just a scam. 100,000 WAL for 50 billion in paper currency, that number sounds ridiculous. Monthly selling pressure of $22.4 million, who the hell can absorb that?

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StakoorNeverSleeps

· 01-07 18:50

It's that kind of "looks impressive" design, but in reality, it's just a scam to harvest investors' funds. No matter how many tricks are played, one truth remains: tokens without liquidity are worthless paper. Staking real money to get a frozen virtual currency—I'm not interested in this kind of deal.

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DeFi_Dad_Jokes

· 01-07 18:40

Haha, this dual-currency system is really amazing. FROST is just a trap. --- A monthly sell pressure of 22.4 million? Who can withstand that? --- FROST has no market, yet you're still staking real tokens. This design is truly brilliant. --- Exchanging 100,000 WAL for 50 billion FROST, hilarious. This numerical game is quite skillful. --- It's just about locking liquidity. We're laying all our cards on the table. --- All the nodes have frozen their FROST tokens. It's outrageous. --- A 10% airdrop looks generous, but how much sell pressure will there be over the next 8 years?

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DefiVeteran

· 01-07 18:35

Another design that looks fancy but is actually a big trap, fine. --- Monthly selling pressure of $22.4 million? Who can handle that? If another bear market hits, it’s all gone. --- FROST has no secondary market, it’s just a joke, holding a bunch of worthless paper. --- Pledging real gold and silver to exchange for virtual currency, I really can’t do this deal. --- Exchanging 100,000 WAL for 50 billion FROST... buddy, are you farming? --- The project team is playing deaf and dumb, you can tell something’s wrong. --- Retail investors have no profit margin at all, just looking at it makes me angry. --- It’s that old trick again, liquidity pools are just a trap.

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VCsSuckMyLiquidity

· 01-07 18:33

It's another "dual-token model trap," a scheme we've seen many times. A selling pressure of over 20 million per month, continuous for 8 years—who can withstand that? FROST without liquidity is just paper; using 1 million WAL to earn virtual tokens—this deal is too亏损. The project team is scared and doesn't dare to respond to community questions, indicating they know exactly what's going on.

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ForkMonger

· 01-07 18:31

honestly the FROST liquidity trap is just *chef's kiss* governance theater... they literally designed a token you can't sell to lock your real assets lmfao

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CountdownToBroke

· 01-07 18:28

Another seemingly high-end but actually trap dual-currency system. I knew this trick looked so familiar. A monthly selling pressure of 22.4 million. Who the hell can withstand this? FROST without liquidity is just an air coin. You have to use real money to pledge WAL to exchange. Who would do this deal and lose money?

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