Cryptocurrency Change Binance has introduced a repurchase program for Haedal Protocol (Haedal), a challenge of Binance Alpha and a liquid staking protocol constructed on the SUI blockchain first listed by Binance.
Haedal has introduced the launch of a buyback program designed to reward stakers.
Below this initiative, 50% of the protocol’s weekly income (together with liquid staking charges, HMM charges and HAEVAULT earnings) can be used to purchase again Haedal Tokens from the secondary market.
All tokens bought again can be distributed proportionately to the headal stakers every week.
The group mentioned they needed to ascertain an natural, sustainable cycle during which ecosystem progress results in tangible advantages for long-term, loyal traders.
“Large Announcement: Haedal’s buyback program is starting!
We offer you, our neighborhood with double help! We’re introducing a repurchase program that converts Haedal Protocol’s earnings into rewards for loyal Haedal customers.
There aren’t any methods. That is how we reward our long-term followers. Let’s get began! ”
Lastly, the group mentioned this system will not be a one-off program and is ongoing.
Following the information, the costs of Haedal Rose.
📢Massive announcement: Haedal’s Purchase Again program is dwell now! 🥳
Our neighborhood is doubling you! Introducing the #Buyback program that turns the rates of interest of #Haedal’s protocol into rewards for loyal Vehaedal customers.
No gimmicks – actual worth. That is reward the long run…pic.twitter.com/vnwkarii2p
– Haedal🦦 (@haedalprotocol) Might 6, 2025
*This isn’t funding recommendation.