Haedal Protocol
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#Haedal is a liquid staking protocol built on #Sui 🦦 where anyone can stake SUI to secure Sui network through governance & decentralization. Meanwhile, users will get stSUI in return so they can earn rewards without funds locked in & participate in further #DeFi activities πŸ’Έ

https://twitter.com/HaedalProtocol/status/1676504483306823680?s=20
@everyone
What is Liquid Staking?

Liquid staking provides a solution that enables users to stake directly on a PoS network, and receive a liquid staking token (LST) automatically minted by the protocol as the user stakes. Users can maintain their own nodes to earn rewards without setup πŸ’‘

Why do we need Liquid Staking?

βœ… A more decentralized network & better governance
βœ… Easier access to validator rewards for ordinary users
βœ… Enjoy the constant revenue from yield-bearing asset
βœ… An important #DeFi building block for DeFi composability game

https://twitter.com/HaedalProtocol/status/1677300304642183168?s=20
@everyone
What to do with the Liquid Staking Token issued by #Haedal?

1. Earn constant #Sui staking reward without a high entry πŸŽ†
2. Get #haSUI to access all #DeFi services to receive extra earnings 😍

#Suinami
https://twitter.com/HaedalProtocol/status/1683340127408635906?s=20
@everyone
πŸ”₯2
Haedal is now LIVE on @SuiNetwork Testnet!!πŸ”₯πŸ”₯

Click to access πŸ‘‰οΌšhttps://haedal.xyz/stake

https://twitter.com/HaedalProtocol/status/1684804352312254464?s=20
@everyone
πŸ‘1
We're extremely excited to win the Silver Award over 100+ projects from @SuiNetwork x @KCLabsOfficial Summer Hackathon!! πŸ₯³πŸ₯³ πŸŽ‰πŸŽ‰

πŸŒͺUnleash your liquidity with #Haedal Protocol, the first liquid staking protocol on #Sui. 🀩🀩

Read more info via: https://medium.com/@haedal/haedal-won-the-silver-prize-at-sui-x-kclabs-summer-hackathon-bae0b704b4a1

πŸ₯°Check out all the winners:
https://blog.sui.io/hackathon-winners/
https://twitter.com/HaedalProtocol/status/1687101361383698433?s=20
@everyone
πŸ‘1
Manual Staking function is now available on @HaedalProtocol πŸŽ‰πŸŽ‰ Users can choose their preferred validator filtered by different APY% with a more autonomous experience.

#Haedal #DeFi #LSDFI #Suinami

https://twitter.com/HaedalProtocol/status/1691633818787258711?s=20
@everyone
πŸ‘2