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Binance Launches Haedal Protocol (HAEDAL) — 19th HODLer Airdrop Unveiled!
On May 21, Binance will list HAEDAL with the Seed Tag.
HAEDAL rose after Binance's statement.
Haedal Protocol uses Sui blockchain for liquid staking.
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Before listing, Binance launched its 19th project on the HODLer Airdrops webpage, Haedal Protocol (HAEDAL), on May 21.
Liquid staking protocol Haedal Protocol uses the Sui blockchain. The initiative claims to increase liquidity and returns, enabling users to stake SUI and obtain haSUI to engage in DeFi activities on Sui.
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Many projects, including Animoca Ventures, Hashed, and OKX Ventures, support Haedal Protocol.
Binance said that consumers that subscribed their BNB to Siple Earn (Flexible and/or Locked) and/or On-Chain Yields products from May 10 at 00:00 (UTC) to May 13 at 23:59 (UTC) are eligible for the airdrop.
The official notes of the exchange included these essential details:
Genesis has 1 billion HAEDAL tokens.
The maximum HAEDAL token supply is 1 billion.
HODLer Airdrops gives 30 million HAEDAL tokens, 3% of the MaxToken Supply.
Upon Binance listing, 195 million HAEDAL coins were circulating, 19.5% of the maximum supply.
Zero listing cost.
HAEDAL's smart contract/network data were posted on BNB Smart Chain and SUI by Binance.
Binance HODLer Airdrops pays users retrospectively based on older BNB holdings.
The exchange will offer HAEDAL with Seed Tag, which means the project is younger and may be more volatile than other tokens.
Users may now trade HAEDAL on Binance Alpha, Binance stated.
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