
OKX Ventures Invests in Haedal To Boost Sui’s DeFi Future
In a recent announcement, OKX Ventures has made a significant investment in Haedal, a pioneering protocol for liquid staking on the Sui blockchain. This strategic move is aimed at bolstering the decentralized finance (DeFi) ecosystem of Sui.
Haedal offers users a unique opportunity to stake their SUI tokens and earn attractive rewards while utilizing liquidity-staked tokens (LSTs) in DeFi applications. With this innovative solution, both retail and institutional investors will have seamless access to staking rewards, further solidifying OKX Ventures’ commitment to supporting blockchain projects that drive innovation in DeFi infrastructure.
This partnership is expected to significantly strengthen Sui’s DeFi ecosystem as the platform prepares for wider adoption.
Source: coinpedia.org