On the 27th, Binance announced the new round of Alpha airdrop project - Haedal Protocol ($HAEDAL)
However, the points threshold has not yet been announced. Today's TGE project points threshold is 75 points, and the threshold for this airdrop will definitely be high, not low.
Let's take a look at this project and analyze the token price:
1. Project Background
· HAEDAL is the token of the Haedal protocol, belonging to the liquidity staking protocol of the Sui ecosystem.
· It has received investments from institutions such as Hashed, OKX Ventures, and Animoca.
· Airdrop claim opens on April 29 at 20:00, and the airdrop query interface has been made available.
2. Token Economics
· Total Supply: 1 billion tokens.
· Initial Circulation: 19.5%.
· Distribution Structure: Ecosystem Incentives (55%), Investors (15%), Team and Advisors (20%), Liquidity Fund (10%).
3. Pre-market Price
· Whales.market quote: $0.3 (FDV about 300 million USD).
· PinataBot on Sui quote: $0.1275 (FDV about 127.5 million USD).
4. Project Ranking and Competitor Comparison
· Haedal ranks 4th in Sui TVL and 2nd in the LST track.
· Competitor Suilend (TVL first) token SEND FDV is only about 72 million USD.
· If HAEDAL prices > $0.1, it may be overvalued.
5. Value Judgment
Based on fundamentals and market conditions, the reasonable price for HAEDAL is $0.05 or lower.
