Cryptopedia - Haedal Protocol
Haedal Protocol is a leading liquid staking solution developed natively on the Sui blockchain. It offers sturdy infrastructure that enables users to stake their SUI and Walrus tokens with validators, generating ongoing consensus rewards while freeing up Liquid Staking Token (LST) liquidity for use in DeFi applications. The project aims to establish itself as the premier destination for staking and earning on Sui.
By facilitating this process, Haedal supports the security, long-term viability, governance, and decentralization of the Sui network. Furthermore, the team is developing a suite of complementary products around its core staking infrastructure, such as Haedal Market Maker and haeVault. This structured product ecosystem is designed to help Haedal capture substantial value from active on-chain trading activity on Sui, thereby enhancing yield performance and delivering greater liquidity depth and efficiency to users.
