Project Review: @HaedalProtocol

▶️ #Haedal is an IQ staking protocol built on $Sui that allows SUI tokens to be staked to contribute to the governance and decentralization of the Sui blockchain.

▶️ In return for staking, users can earn $haSUI tokens, which can be utilized to generate additional returns by participating in various DeFi activities.

▶️ Haedal has implemented the haWAL / WAL staking system to support the liquid staking side.

▶️ It facilitates the use of various DeFi protocols and applications such as lending protocols required by DEXes, CDP protocols, and options trading platforms.

▶️ Additionally, special % returns have been offered to staking users.

🖥️ Their Website: https://t.co/DOXNmNQcgN

📊 Current parity: $HAEDAL has made its debut on major exchanges like Binance.

☝️ According to Coinmarketcap data:

Mcap values: 32M$

FDV: 167M$

The nearest unlocks appear to be in 5 months.

Of course, everyone needs to conduct their own risk assessments and research 🫶