Deep Dive
1. Liquid staking on Sui
Staking helps support a blockchain and earns network rewards, but staked tokens are often harder to use elsewhere. Haedal aims to address that tradeoff: users stake SUI or Walrus (WAL) and receive tokens such as haSUI or haWAL in return. These represent their staked assets and can be used in Sui DeFi while the underlying tokens remain staked. Haedal Protocol docs
2. HAEDAL token
HAEDAL is the protocol’s governance token, rather than the liquid receipt token users receive for staking. Haedal’s token documentation lists a total supply of 1 billion and allocates tokens to ecosystem incentives, liquidity, investors, and the team and advisors.
Conclusion
Haedal is a Sui liquid staking protocol, while HAEDAL is its governance token. How well can Haedal make staked assets useful across Sui DeFi?
