What is HAEDAL?

Question

What is HAEDAL?

Accepted Answer

## TLDR
Haedal Protocol is a Sui based liquid staking service that lets users stake assets while keeping a token they can use in decentralized finance.

1. Users can stake SUI and WAL through Haedal and receive liquid staking tokens in return.
2. Those receipt tokens, haSUI and haWAL, can remain usable in DeFi while the staked assets earn network rewards.
3. HAEDAL is Haedal’s governance token, distinct from the liquid staking tokens.

## Deep Dive
### 1. Purpose and value proposition
Staking helps secure a blockchain and earns rewards, but staked assets can be less convenient to use elsewhere. Haedal’s liquid staking aims to address that trade off on Sui: users stake SUI or WAL and receive a corresponding token that can be used in DeFi. ([Haedal docs](https://haedal-protocol.gitbook.io/haedal-protocol-docs))

### 2. How it works
Haedal delegates staked assets to validators, which help operate and secure the network. Users receive haSUI or haWAL, liquid staking tokens that represent their staked position and can be used in other Sui applications. Their value and usability depend on the protocol and the DeFi services that support them. ([Haedal docs](https://haedal-protocol.gitbook.io/haedal-protocol-docs))

### 3. What HAEDAL represents
HAEDAL is the protocol’s governance token; it is not the receipt token users receive for staking SUI or WAL. Haedal’s documentation lists a total supply of 1 billion HAEDAL. ([HAEDAL token docs](https://haedal-protocol.gitbook.io/haedal-protocol-docs/tokenomics/haedal))

## Conclusion
Haedal is Sui’s liquid staking and DeFi infrastructure, while HAEDAL is its governance token. How effectively can Haedal make staked assets useful across Sui DeFi?null

What is Haedal Protocol (HAEDAL)?

Deep Dive

1. Purpose and value proposition

2. How it works

3. What HAEDAL represents

Conclusion

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