Haedal Protocol is a liquidity staking protocol based on the Sui blockchain. It aims to solve the liquidity limitations of traditional staking through liquidity staking derivatives, and provide users and developers with efficient and secure DeFi solutions. Its core products include haSUI and haWAL, veHAEDAL (governance and incentive mechanism), haeVault (high-yield liquidity pool) and Haedal Random Vault (staking lottery mechanism). Through decentralized technology and transparent mechanisms, Haedal provides liquidity and yield-optimized infrastructure for the Sui ecosystem, helping users participate in DeFi activities while staking SUI or WAL.
Haedal aims to become the core hub of Sui ecosystem liquidity, promote the development of DeFi and LSDFi, and enhance on-chain capital efficiency and ecological transparency.
Haedal's core features
Haedal Protocol’s functionality revolves around liquidity staking, governance incentives, and high-yield liquidity. The core highlights include:
Liquidity Staking (haSUI & haWAL):
After users stake SUI or WAL, they obtain haSUI or haWAL, which represents the share in the staking pool and can be seamlessly used in the DeFi protocols of the Sui ecosystem (such as Cetus' liquidity pool and Navi's lending).
Ecological circulation: haSUI retains the native functions of SUI, supports trading, lending or providing liquidity within the Sui ecosystem, and enhances capital efficiency.
Flexible unstaking mechanism:
Regular unstaking: haSUI, haWAL.
Instant unstaking: Based on Sui's SIP33 protocol, it provides instant redemption with a fee of only 0.02% of the unstaking amount, meeting high liquidity needs.
Protocols integrated into the Sui ecosystem (such as Suilend and Scallop) allow users to withdraw assets at any time to participate in other DeFi activities.
Governance and Incentives (veHAEDAL):
Users lock HAEDAL tokens (1-52 weeks) to obtain veHAEDAL, which is used for protocol governance and reward distribution. The longer the lock-up period, the higher the initial veHAEDAL.
Through veHAEDAL, users can participate in community decision-making, optimize reward distribution, and enhance long-term holding incentives.
High yield liquidity pool (haeVault):
Through the ultra-narrow rebalancing strategy, haeVault provides a liquidity pool with a high annualized rate of return for idle funds, simplifying the user operation process.
Compared with platforms such as Cetus, haeVault offers more competitive returns, attracts liquidity providers, and drives the growth of Sui ecosystem TVL.
Innovation Incentives (Haedal Random Vault):
Users stake SUI to participate in weekly draws. The more the staked amount and the earlier the time, the higher the probability of winning.
The gamification mechanism increases user engagement, provides additional income opportunities for stakers, and enhances community stickiness.
Security and transparency:
It adopts a non-custodial design, with funds managed by smart contracts, and combined with Sui's Move language security, it reduces the risk of contract vulnerabilities.
All staking, unstaking and reward distribution data are on-chain and publicly available, which is suitable for the needs of DAO and DeFi scenarios.
The protocol operates transparently, and the fee structure (6% staking reward commission) is clear, which enhances user trust.
Haedal Ecosystem
Haedal Protocol is committed to building an open Sui ecosystem liquidity platform:
Ecological integration: haSUI has been integrated into multiple Sui ecological projects (such as Suilend, Scallop, Navi, Zofa), supporting scenarios such as lending, trading and derivatives.
Community-driven: Through veHAEDAL and Random Vault, Haedal has attracted a large number of users to participate, and community activities (such as the OKX Cryptopedia event, which rewards HAEDAL tokens worth 1 million USDT) further enhance user stickiness.
Developer support: Haedal provides a modular architecture, and developers can develop new DeFi applications based on haSUI/haWAL. In the future, it plans to launch an API interface to facilitate protocol integration.
Real-time monitoring: Through Sui’s high-performance blockchain, Haedal provides real-time staking and unstaking data updates to ensure users are always aware of the status of their assets.
HAEDAL Token and Airdrop Details
Token Name: Haedal Protocol (HAEDAL)
Total Genesis Token Supply: 1,000,000,000 HAEDAL
Maximum Token Supply: 1,000,000,000 HAEDAL
Comparison with similar products
Similar liquidity staking protocols on the market include Ethereum’s Lido Finance (stETH) and Cosmos’ Stride, but Haedal has unique advantages in the Sui ecosystem:
Intuitive and efficient: Compared with Lido's complex mechanism, Haedal's haSUI/haWAL is simpler in design. Combined with Sui's low gas fee and high throughput, user operation costs are lower.
Flexibility: Instant unstacking (0.02% fee) is more flexible than Lido (which relies on the secondary market) and is suitable for users with high liquidity needs.
Ecosystem focus: Haedal is deeply involved in the Sui ecosystem and is deeply integrated with protocols such as Cetus, Navi, and Scallop, while Stride requires cross-chain operations, which increases complexity and risks.
Innovation incentives: Random Vault’s gamification mechanism is a unique feature of Haedal. Lido and Stride lack similar features. Haedal has an advantage in user stickiness.
Summarize
Haedal Protocol is the pioneer of liquidity staking in the Sui ecosystem. Through haSUI/haWAL, veHAEDAL, haeVault and Random Vault, it provides an intuitive and efficient solution to solve the problems of staking liquidity limitations, incentive sustainability and ecological integration. With Sui's high-performance architecture, top institutional endorsements (Hashed, OKX Ventures, Animoca Brands, etc.) and community activities (such as Binance Alpha airdrop, OKX Cryptopedia), Haedal has quickly grown into the core infrastructure of Sui DeFi.
Haedal fills the gap in Sui ecosystem liquidity through liquidity staking, transparent governance, and high-yield strategies, allowing users to easily participate in DeFi and avoid risks. In the future, Haedal plans to further consolidate its position in the Web3 liquidity field through cross-chain expansion and AI-driven staking optimization, and become a bridge of trust connecting on-chain income and ecological innovation.
