HAEDAL | The 19th Project in Airdrops for Binance HODLer Holders

When it comes to utility for users, I don't see any project providing more utility to its users/holders than BNB.

There are many ways to earn money risk-free by holding BNB, whether it's through

Launchpool, Megadrop, or Airdrop for BNB Holders.

Binance recently announced the HAEDAL Airdrop for BNB holders. This airdrop offered an opportunity for BNB holders to receive free tokens if they were participating in Binance's Simple Earn products.

Since the token is now listed on Binance, let's explore $HAEDAL

What is the Haedal Protocol?

Haedal is a native liquid staking protocol built on Sui. It allows anyone to stake their SUI tokens to contribute to the governance and decentralization of the Sui blockchain. Meanwhile, users will receive haSUI as the liquid staking token in return so they can continue participating in various DeFi activities to earn additional income with their LST liquidity.

In addition to its liquid staking protocol, Haedal is also building a series of supporting products including Haedal Market Maker and more, which generate continuous additional on-chain yields for Haedal and its LST ecosystem.

Use Case for the Haedal Token

HAEDAL is the native token of the Haedal Protocol.

HAEDAL tokens can be locked in veHAEDAL to access all rights within haeDAO, which includes:

Management over the Haedal Treasury: Deciding the asset allocation of the treasury, liquidity distribution across different product modules or different protocols, reward distribution methods, etc.

Increase yields from haeVault: the weight of users in haeVault can be increased to enjoy a higher APR.

Proposals and Voting: Some important protocol decisions will be made through DAO voting, such as key product addresses, treasury usage, etc.

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