
K2 Kai|May 26, 2025 11:47
The recent Sui hacking incident has caused many FUDs to follow the trend. As a Sui top card pledge project, Haedal has also been somewhat affected. However, my team and I have had early contact and understanding of the @ HaedalProtocol project, and I still have confidence in it.
Firstly, the liquidity of its staking token haSUI indirectly liberates the funds pledged in Sui. While staking generates profits, haSUI can also be used to experience Sui's DeFi projects and participate in haeVault activities, directly earning two profits. It was also expected by our team that Binance, a major institution, would attend the meeting.
At the same time, in response to the current high slippage in AMM, it is easy to be trapped and suffer unpredictable losses, leading to unfriendly market making by market makers. Therefore, Haedal proposed the concept of Haedal Market Maker. The core of its architecture includes an HMM engine that handles price dynamic offset and sliding point control, and integrates Oracle to introduce an external "trust price model" to assist in setting reasonable price ranges. Helps to control price fluctuations within the confidence interval and prevent malicious price manipulation. Compared with traditional AMM, HMM theoretically provides traders with lower sliding points, especially favorable for large value exchanges; At the same time, its built-in price offset and external price reference mechanism are expected to better control impermanent losses, create a more fair and sustainable profit environment for LP providers, and reduce risks.
The innovation of the Hadal Protocol in terms of pledged profits and AMM wear and tear is of great significance. And the profits from the agreement will be used for repurchases. I think he started using the profits to repurchase shortly after launching Binance, and I can feel that the project team's structure is still very large. Compared to other projects that have been online on Binance for a long time, the repurchase only started after a drop of 80-90%. The comparison is clear at a glance!
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