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Hey Binancian, Let’s take a look at a new project together – HAEDAL listed on Binance
Along with good projects on Ethereum, Solana, Tron networks, we have recently started seeing good projects on the SUI network. Haedal Protocol is one of the interesting projects on the SUI network. I have looked at this project carefully and I am here to share interesting facts about this project that is listed on Binance.
The Haedal protocol is an innovative protocol for liquid investments. The protocol offers staking to SUI holders. In exchange for SUI staked on the platform, users earn LSTs called haSUI.
If you have SUI tokens, you can stake them on Haedal (i.e. lock them up and contribute to the security of the network), and in return you will receive a token called haSUI.
What is haSUI?
haSUI is a token that represents the SUI you invest in on Haedal. In fact, thanks to this token, your SUI continues to work online and you don’t feel like you’ve “locked up” that money. You can take haSUI and use it in DeFi applications in the Sui ecosystem. For example, you can trade it on DEXs, value it on borrowing and lending platforms, and even use it in some NFT markets.
haSUI, the LST platform, represents the invested asset and the reward given in return. In addition, it is used for lending, providing liquidity, and cultivating in DeFi on the SUI network.
But the story of HAEDAL does not end here. Additional products such as Haedal Market Maker are being developed. These are systems that provide additional revenue and strengthen the Haedal ecosystem.
Among those supporting the platform are well-known investors, including Hashed, Sui, Cetus, Scallop, etc.
With a total supply of one billion tokens, HAEDAL was launched with an initial circulation rate of 19.5%.
HAEDAL HODLer Airdrop details
- Token name: Haedal Protocol (HAEDAL)
- Initial Total Token Supply: 1,000,000,000 HAEDAL
- Maximum token supply: 1,000,000,000 HAEDAL
- HODLer Airdrop Reward: 30,000,000 HAEDAL (3% of max bid)
Listed on Binance on May 21st at 15:00.
Links:
- Official website: https://haedal.xyz/stake
- X: https://x.com/HaedalProtocol
NOTE: This post does not contain any investment advice or guidance. It is for informational purposes only. Since HAEDAL is a newly listed cryptocurrency,
If you don’t have a Binance account yet, you can sign up via this link with additional benefits: https://binance.com/join?ref=37111036
