David Edwards

Published On: 04/01/2025
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OKX Withdraws VASP License Application from Hong Kong
By Published On: 04/01/2025
OKX

A significant turning point in Sui’s decentralized finance (DeFi) scene has been reached with OKX Ventures’ strategic seed investment in Haedal. This partnership demonstrates OKX Ventures’ commitment to supporting creative DeFi initiatives. With its cutting-edge infrastructure, Haedal, Sui’s native liquid staking protocol, is set to revolutionize yield production and capital efficiency.

A Strategic Alliance Operating a vehicle DeFi Innovation By offering a strong liquid staking protocol, Haedal is essential to Sui’s DeFi ecosystem. Users can receive ongoing benefits by staking their $SUI tokens to obtain liquid staking tokens (LSTs). By improving its decentralization, security, and governance, this dual advantage fortifies the Sui blockchain.

Haedal optimizes the value of on-chain assets by integrating LSTs with the larger DeFi ecosystem, opening the door for cutting-edge financial solutions. Its collaboration with OKX Ventures supports the objective of hastening the uptake of decentralized technologies. Both retail and institutional investors now have more access to yield-generating options thanks to the protocol’s user-centric design, which provides one-click earning solutions.

Haedal’s contributions to Sui’s DeFi landscape extend beyond liquid staking. The protocol simplifies staking procedures while maintaining security, allowing users to access previously unrealized value. With the support of OKX Ventures, Haedal plans to launch innovative products and modules that increase the potential of the Sui ecosystem.

This strategic partnership marks a turning point in Sui’s DeFi framework’s development and opens doors for users throughout the blockchain ecosystem. Haedal solidifies its position as a pillar of Sui’s decentralized future by innovating further.

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