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ETH $2,483.46 -0.47%
BNB $748.88 +0.98%
XRP $1.42 +1.47%
SOL $103.19 -0.90%
TRX $0.3382 +1.09%
DOGE $0.0895 -0.90%
ADA $0.2210 +0.34%
BCH $256.11 -2.01%
LINK $12.55 -1.98%
HYPE $84.19 -1.48%
AAVE $128.77 -2.66%
SUI $0.8123 -2.10%
XLM $0.1884 -2.38%
ZEC $1,145.75 -1.32%

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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