What is the HAEDAL token? Liquid staking solution 2025 from Haedal
Haedal is a liquid staking protocol built on the Sui blockchain, a platform known for its high performance and low transaction costs. The project allows users to stake SUI tokens to contribute to the security and governance of the Sui network, while earning profitable haSUI tokens and other haTokens.
According to the recently announced tokenomics, HAEDAL has a total supply of 1 billion tokens, with an initial circulating supply of 195 million HAEDAL.
- Token name: Haedal
- Symbol: HAEDAL
- Total supply: 1 billion HAEDAL
- Initial circulating supply: 195 million USD HAEDAL.
Allocation
- Ecosystem incentives: 55%
- Liquidity fund: 10%
- Investors: 15%
- Project team and advisors: 20%
Utility
- The utility of the token is provided through veHAEDAL. Users can stake HAEDAL into veHAEDAL to receive powerful benefits, including:
- Staking rewards: Receive continuous rewards from staking into veHAEDAL.
- Increased rewards: Double profits from Haedal's farming modules, based on veHAEDAL weighting.
- Governance: Participate in DAO proposals and vote to guide the development of Haedal.
Binance has just announced that Haedal Protocol (HAEDAL) is the 19th project in the HODLer Airdrops program. HAEDAL will be listed on Binance at 22:00 on May 21, supporting trading with USDT, USDC, BNB, FDUSD, and TRY pairs.
HAEDAL is trading at 0.1696 USD, up 32.44% in the last 24 hours. Right after Binance's announcement, HAEDAL surged from 0.12 USD to 0.17 USD. The token also recently reached an ATH in early May at 0.2063 USD. According to Coinmarketcap data, the 24-hour volume of HAEDAL is 117.53 million USD, up 66.64%. The project's market capitalization reached 33.07 million USD.
