FAQ
What is Haedal?
Haedal is a liquid staking protocol built on Sui that allows anyone to stake their SUI tokens to contribute to the governance and decentralisation of the Sui blockchain. In the meantime, users will get haSUI in return so that they can continue to participate in DeFi activities to earn additional yields.
What is haSUI?
haSUI stands for Haedal staked SUI, it is minted when you stake SUI via Haedal. This is a yield-bearing token which represents your ownership of the SUI staked via Haedal. As the staking pool earns validator rewards for securing the Sui network, the value of haSUI will appreciate vs. SUI. haSUI will have all primary utilities of SUI, and is usable across the Sui ecosystem.
Where can I use haSUI?
haSUI will be deeply integrated throughout the Sui ecosystem. It will be usable across DEXes, lending protocols, stablecoins protocols, NFT marketplaces and more. The goal of Haedal is to have as many integrations for haSUI as SUI itself!
How do I get my staking rewards?
When you mint haSUI, this represents ownership over the staked SUI in Haedal. When Haedal earns staking rewards, the amount of SUI held by Haedal will increase, and naturally your haSUI will represent ownership of more SUI tokens. This means that your haSUI will be redeemable for an ever-increasing amount of SUI.
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