$HAEDAL is a liquid staking protocol on Sui. After users stake SUI, they will receive haSUI (a tradable certificate token), which allows them to retain liquidity while locking up their assets, enabling continued participation in trading, collateral, mining, and other activities in DeFi.
The logic is very similar to Ethereum's Lido, but it emphasizes reuse and governance design in DeFi scenarios.
Its goal is to become the central issuance hub for LST assets on Sui and leverage that to drive larger-scale DeFi activities.
What advantages does Haedal have?
1/ On-chain optimized staking strategy
Haedal does not spread SUI staking flatly; instead, it introduces an automatic adjustment mechanism that dynamically allocates staking based on validator performance, maximizing user returns.
2/ Complete liquidity tool design
It has introduced its own market-making mechanism and strategy treasury to prevent haSUI from experiencing discounts, slippage, or idle issues.
3/ Governance model has Curve shadows
The design of veHAEDAL encourages long-term locking and participation in governance, controlling incentive distribution, reflecting the style of old-school DeFi that emphasizes structural design.
On May 1st, it went live at 0.1, first reaching 0.2, then dropping to 0.1. The second time, it continued to rise to 0.22, and the third time adjusted to around 0.095, then rose again.
It can be seen that 0.1 has strong support, rebounding each time it reaches this level, so Jie also brought fans into the market for long positions, and he is still holding on with the goal of hitting new highs!!!
