Overview

Haedal is a liquid staking protocol built on the Sui blockchain, designed to unlock capital efficiency for SUI and WAL token holders while enhancing network decentralization. Through Haedal, users can stake their SUI or WAL tokens and receive liquid staking tokens, haSUI and haWAL, respectively, which serve as yield-bearing assets representing the staked value. These tokens allow users to continue earning staking rewards while simultaneously participating in various DeFi applications across the Sui ecosystem, thereby compounding their potential returns. Haedal's infrastructure simplifies staking with a one-click process, spreading users' stakes across multiple validators and offering an easy exit without traditional lock-up periods. The protocol mints haTokens that appreciate over time as validator rewards accumulate, maintaining the core utilities of their base tokens (SUI or WAL). In addition, Haedal's native HAEDAL token empowers users to govern the protocol by converting it into veHAEDAL, which unlocks staking rewards, yield boosting in farming modules, and full DAO participation. This multifaceted design positions Haedal as a central piece in the Sui DeFi landscape, delivering both liquidity and governance in a user-centric, scalable manner.

Whitepaper & Documents