Haedal has launched a weekly token buyback program, using 50% of its revenue to purchase HAEDAL tokens. This initiative enhances benefits for veHAEDAL stakers, directly rewarding loyal holders.
The program aims to boost community engagement and token value within the Sui ecosystem. Following its announcement, HAEDAL token prices rose significantly, reflecting positive market response.
Such buyback schemes promote long-term stakeholder alignment and contribute to overall market growth and investor sentiment, ensuring a sustainable approach to tokenomics.
Full story here: https://coincu.com/336030-haedal-weekly-token-buyback-stakers