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Haedal Protocol and Sui Wallet Announce Joint Pre-TGE Event

1 day ago
Bitcoin Ethereum News

Haedal Protocol, a Sui ecological liquidity staking platform, has officially launched its Pre-TGE event in collaboration with Sui Wallet. Haedal Protocol also launched a similar Pre-TGE event in January, with a prize pool of $3,000 in haSUI which was shared by 100  winners.

Haedal Protocol and Sui Wallet’s Pre-TGE Event

According to the official statement, participants must stake at least 5 SUI on Haedal by connecting their Sui Wallet and hold the haSUI until the end of the campaign. The TGE campaign will run from February 11 to February 21 and is now live. Participants can visit the event page and use Sui Wallet to complete tasks and earn rewards.

The total prize pool for the campaign is $20,000 in $HAEDAL tokens, with 400 winners, each receiving $50 worth of $HAEDAL tokens.

Key points to participate:

  1. Users must stake at least 5 SUI to receive haSUI on Haedal by connecting their Sui Wallet during the event period.
  2. Participants must hold their haSUI until the campaign ends to be eligible for the prize draw.
  3. After the campaign concludes, 400 winners will be randomly selected from eligible participants. Rewards will be distributed within three days after the TGE.

Backed by Hashed, Comma3vc, OKX Ventures, and Animoca Ventures, Haedal has gained recognition as a platform for staking and earning SUI.

Recently, Haedal’s HMM had executed over $50M in trading volume, generating an additional $26,000+ in yields for the Haedal and $haSUI communities. Haedal wrote on X, “As the automated strategy continues to be refined, we expect significant improvements in yield and capital efficiency.”

Also Read: Cardano Price Targets 28% Upswing Amid Bullish Pattern 

 

 

Source: https://www.cryptonewsz.com/haedal-protocol-and-sui-wallet-pre-tge-event/