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BNB $605.02 -0.82%
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TRX $0.3332 -0.03%
DOGE $0.0693 -1.13%
ADA $0.1792 -2.96%
BCH $205.19 -3.77%
LINK $8.77 +0.59%
HYPE $56.50 -1.60%
AAVE $86.37 -2.72%
SUI $0.6756 -1.79%
XLM $0.1585 -1.54%
ZEC $486.88 -1.41%

Haedal announces the launch of a token buyback program

2025-05-06 20:12:06

ChainCatcher message, Haedal announces the launch of a token buyback plan:

Every week, Haedal will allocate 50% of the protocol revenue (liquidity staking fees + HMM fees + net profits from haeVault) to directly buy back HAEDAL tokens from the secondary market.

Rewards for veHAEDAL Stakers: The repurchased HAEDAL will be distributed 100% to veHAEDAL stakers based on their veHAEDAL balance ratio. (The actual reward distribution will be executed in the next veHAEDAL cycle after each buyback.)

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