Haedal Launches Weekly Token Buyback Program: Strengthening Long-Term Value

Haedal has launched a new weekly token buyback program, using 50% of its revenue to repurchase HAEDAL tokens on the secondary market. This initiative directly benefits stakers holding veHAEDAL on the Sui blockchain. incentivizes long-term investment and fosters sustainable growth. The buyback program aims to strengthen Haedal’s ecosystem by driving increased demand for the token while reducing supply. A primary focus is on rewarding loyal investors through proportional rewards for their lock-in balances. Market response may influence HAEDAL valuations and liquidity, potentially leading to price appreciation. While regulatory responses have not been observed at this time, the program aligns with similar practices seen in other protocols like PancakeSwap, which are known for generating positive market engagement.