Haedal Launches Weekly Token Buyback, Benefiting veHAEDAL Stakers – Coincu

Haedal has initiated a weekly token buyback program using 50% of its protocol revenue to purchase HAEDAL tokens from the secondary market. Stakers of veHAEDAL tokens are directly benefiting.

The program enhances community incentives and supports tokenomics by reducing supply and providing direct rewards to loyal holders.

Sui Ecosystem Empowered by Haedal’s 50% Revenue Allocation

Haedal, operating within the Sui ecosystem, unveiled its weekly buyback program on May 6, 2025. The initiative allocates 50% of revenue from liquidity staking fees, HMM fees, and haeVault net profits to repurchase HAEDAL tokens. This approach aims to invigorate community engagement and boost token value. The entire repurchased amount is distributed to veHAEDAL stakers based on their holding ratio, enhancing participant incentives.

The market reaction was notably positive, with the HAEDAL token price experiencing an immediate increase. This development marks an ongoing commitment to rewarding long-term believers ([source]), resonating well among the community.

“We are introducing the BUYBACK program, which turns the profits of the Haedal protocol into rewards for loyal HAEDAL users. There are no tricks.” — Haedal Project Team

Positive Market Reaction Spurs 5.34% HAEDAL Price Increase

Did you know? Buyback and distribution models in the DeFi sector have roots back to projects like MakerDAO and Curve, often aligning community and revenue growth for enduring impact.

Haedal Protocol’s current price is $0.16, with a market cap of $31.38 million and a 24-hour trading volume reaching $285.47 million. The HAEDAL token has increased by 5.34% in the past 24 hours and 82.15% over the past week. However, it has decreased by 4.45% over the past 30, 60, and 90 days. Data per CoinMarketCap, last updated at 20:39 UTC on May 6, 2025.

According to the Coincu research team, similar buyback schemes enhance long-term stakeholder alignment and bolster governance by reducing circulating supply. Such ongoing programs may also contribute positively to investor sentiment, potentially driving increased protocol adoption and market growth.