Haedal is a liquid staking protocol designed specifically for the Sui blockchain, allowing users to stake SUI and immediately receive the liquidity token haSUI. This token not only represents the locked assets but can also be used in various DeFi projects within the Sui ecosystem, such as liquidity mining, lending, and decentralized trading, breaking the traditional constraints of locked staking funds and effectively enhancing capital utilization and yield growth.
Sui uses DPoS consensus, requiring users to delegate SUI to node validators to ensure network security. Haedal lowers the participation threshold, allowing users to easily stake through the Haedal platform and distribute to multiple quality validators. haSUI serves as a liquid staking certificate, combined with the governance token HAEDAL and its locked derivatives veHAEDAL, enabling holders to participate in protocol governance while earning yield bonuses and long-term lock rewards.
To enhance the application and returns of haSUI, Haedal has developed an efficient AMM module specifically for Sui — Haedal Market Maker (HMM), featuring high capital efficiency, risk control, and protection against MEV attacks. The profits generated by HMM are proportionally returned to haSUI stakers and HAEDAL lock-up participants, forming a self-sustaining incentive mechanism that promotes ecological sustainability.
The total supply of HAEDAL tokens is 1 billion, mainly used for ecological incentives (55%), liquidity fund (10%), investor lock-up release (15%), and team and advisor incentives (20%). This design balances protocol promotion, governance, and long-term operation, ensuring ecological health and stability. The locked veHAEDAL model further binds the interests of holders and the growth of the protocol, encouraging users to actively participate in governance and stake.
Haedal Protocol, as the first liquid staking solution on the Sui blockchain, combines convenience, flexibility, and high yield potential. Through an innovative market-making mechanism, a locked governance model, and a reasonable token economy, Haedal not only optimizes the staking experience but also promotes the diverse DeFi development of the Sui ecosystem, creating more value and participation opportunities for users.