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Haedal announced the launch of a Token buyback plan.
BlockBeatNews
HAEDAL1,74%
According to BlockBeats news, on May 6th, Haedal announced the launch of a token repurchase plan: every week, Haedal will allocate 50% of the protocol revenue (liquid staking fees + HMM fees + net profit from haeVault) to repurchase HAEDAL tokens directly 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 week’s veHAEDAL cycle after each repurchase.)
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