What is haedal protocol?

Haedal Protocol is a liquid staking platform built on the Sui blockchain. It allows users to stake their SUI tokens and receive a liquid staking token called haSUI in return. This haSUI token represents their staked SUI and any accrued staking rewards, while also allowing them to participate in decentralized finance (DeFi) activities.

Haedal Protocol recently completed a seed funding round to further develop its liquid staking infrastructure and expand its offerings on the Sui network.

Listing:

Binance Alpha is scheduled to list the Haedal Protocol token (HAEDAL) for trading on April 29th.

In essence, Haedal Protocol aims to unlock the potential of staked SUI by providing liquidity and enabling users to earn staking rewards while participating in the growing Sui DeFi ecosystem.