Haedal Protocol is a leading SUI ecosystem protocol that enables users who want to unlock DeFi while earning staking rewards to engage in liquid staking.
Haedal eliminates the existing trade-off between obtaining liquidity and earning passive income through staking by transforming staked SUI tokens into an income-generating interoperable DeFi asset called haSUI.
The Haedal Market Maker (HMM) system facilitates convenient trading and liquidity, addressing common DeFi issues such as the accessibility and price volatility of haSUI tokens. HMM provides deep liquidity pools containing different haSUI trading pairs, helping to maintain price stability and minimize slippage. Therefore, even during peak trading times, investors can easily buy and sell their liquid staking tokens at reasonable prices without any delays.
The token distribution is as follows:
Ecosystem Incentives (55%): Used to promote the tokens and their liquidity, stake tokens on the Sui blockchain ecosystem, facilitate partnerships, and reward users.
Liquidity Fund (10%): Developers propose to allocate 10% for initial liquidity provision to support liquidity for decentralized exchanges, centralized exchanges, and other emerging liquidity programs.
Investors (15%): Investors will receive at least 15% of the supply, with a minimum lock-up period of 6 months, after which the tokens will be unlocked according to a 12-month linear vesting schedule.
Team and Advisors (20%): The development team will allocate 20% of the tokens to themselves, with a lock-up period of 12 months, transitioning to a 24-month linear vesting schedule.