Puffer Finance is a prominent restaking protocol aimed at challenging Lido’s staking monopoly and safeguarding Ethereum from centralization through restaking. It enables users to earn APR from Ethereum staking and restaking, all while allowing them to maintain ownership of their funds in the form of Liquid Restaking Tokens pufETH.
According to the platform’s documentation section titled “governance” and rumors within the crypto community, Puffer Finance is going to release its native token. With the launch of the protocol’s mainnet, there are strong indications that the token release and Puffer airdrop may occur in the near future.
To participate in the Puffer airdrop campaign, you need to acquire some ETH, stETH, or wstETH and restake them on the Puffer staking protocol to start earning APR, farming points, and receive pufETH in return.
Since pufETH is fully liquid, you can utilize the received pufETH in various DeFi protocols and blockchain networks to earn even more points and APR. The main points boosters include:
You can farm Puffer points at a 2x faster rate by providing your pufETH to the Curve, Aura, and Balancer liquidity pools paired with stETH and wstETH tokens.
Additionally, you can lend your pufETH on Curve Llamalend and earn the same 2x points multiplier without pairing it with other tokens..
Stake your pufETH directly on Pendle to begin farming points with a 1.25x boost.
Deposit your pufETH into the Manta, Cyberconnect, or zkLink chain networks to start earning a 1.15x bonus to your points. Furthermore, some DeFi protocols, including ZeroLend and Kinza, also offer a 1.15x points booster for lending your pufETH to their platform.
🔥 Most popular staking routes:
Although some other protocols do not offer Puffer points boosts, you may still consider engaging with them to participate in those protocols’ airdrops.
The most popular Puffer staking routes with no points boosts are:
You can also come up with your own staking routes, by visiting the Puffer’s Finance integration page.
Get some ETH, stETH or wstETH on your wallet;
Visit Puffer Finance and stake your tokens;
Receive pufETH;
Engage with other DeFi protocols and networks to earn additional APR and Puffer points, following our guide in the “how to join” block.