Project review: @HaedalProtocol
▶️ #Haedal is an IQ staking protocol built on $Sui, allowing SUI tokens to be staked to contribute to the governance and decentralization of the Sui blockchain.
▶️ In return for staking, users earn $haSUI tokens that can be used to generate additional income by participating in various DeFi activities.
▶️ Haedal has implemented the haWAL / WAL staking system to support the liquid staking side of Haedal Walrus.
▶️ It facilitates the use in various DeFi protocols and applications such as lending protocols needed by DEXes, CDP protocols, and options trading platforms.
▶️ In addition to all this, special % returns have been offered to staking users.
🖥️ Websites: https://t.co/DOXNmNQcgN
📊 Current parity: $HAEDAL is making its debut on major exchanges like Binance.
☝️ According to Coinmarketcap data:
Mcap values: 32M$
FDV: 167M$
The nearest unlocks are expected to occur in 5 months.
Of course, everyone needs to conduct their own risk assessments and research 🫶