What is Haedal Protocol (HAEDAL)?
Haedal Protocol is a liquid staking platform developed on the Sui blockchain. It enables users to stake their SUI tokens and receive haSUI, a liquid staking token that allows continued participation in DeFi activities while earning staking rewards.
The protocol is designed to support governance, decentralization, and yield generation within the Sui ecosystem. In addition to its liquid staking service, Haedal is developing several complementary products such as the Haedal Market Maker and haeVault. These products aim to generate on-chain revenue and enhance the performance of the liquid staking ecosystem.
HAEDAL is the native token of the Haedal Protocol. It can be converted into veHAEDAL to unlock governance rights within the haeDAO. Token holders with veHAEDAL can participate in decisions regarding treasury management, liquidity distribution, and reward allocation. They can also submit and vote on proposals that influence the protocol’s future direction. Additionally, users who hold veHAEDAL may receive boosted yields through the haeVault product.
At the time of writing, the total supply of HAEDAL tokens is 1 billion, with 195 million currently in circulation.
HAEDAL is listed on Binance for trade and purchase. The current price of HAEDAL is available and updated in real-time on Binance.