RELATIONSHIP BETWEEN SUI AND HAEDAL
Haedal is a liquid staking protocol built on the Sui blockchain, allowing anyone to deposit their SUI tokens to contribute to the security and governance of the network while maintaining the liquidity of their assets.
1. Liquid staking mechanism
- Users stake their SUI via the Haedal smart contract
- In exchange, they receive haSUI, a derivative token with increasing value that represents each user's share in the Sui staking pool
- Validation rewards automatically accumulate in the haSUI / SUI conversion value, with no need to claim manually