PANews reported on May 6 that according to official news, Sui Ecological Liquidity Staking Protocol Haedal announced the launch of a repurchase plan, which aims to use the protocol income directly to reward veHAEDAL pledgers. The specific operation is as follows: Every week, Haedal will use 50% of its protocol income (including liquidity staking fees + HMM fees + haeVault's net profit) to directly repurchase HAEDAL tokens from the secondary market. HAEDAL will be distributed to veHAEDAL holders in proportion to their balances. (After each repurchase, the actual reward will be executed in the veHAEDAL epoch of the following week. The rewards will be automatically accumulated, available weekly and will not expire. veHAEDAL holders can enjoy higher rewards every week, while also gaining more future practical functions and governance power.