Coinlaunch Trust Score
Coinlaunch Trust Score
91 (Very High)
Puffer Finance Price:
$0.0255 -7.77%
🏦 Market Cap $14.09M
💰 FDV $25.52M
📊 Volume $2.6M
📈 ATH Price $0.99
Top Investor
Animoca Ventures Logo
Animoca Brands (Ventures) Corporate
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Puffer Finance (PUFFER)

Past
Total Raise: $24.27M
Date: 01 Jun, 22 - 15 Aug, 24

Puffer Finance is an Ethereum restaking protocol with its own liquid restaking token (LRT) - pufETH. It stands out from most staking protocols with its unique Validator Tickets model, designed to incentivize node runners to turn into profit more effectively, while providing stakers with more consistent rewards from staking. This approach allowed the Puffer protocol to grow its TVL to over $1.3B in just three months after the project's launch.

Such success has garnered attention not only from the crypto community but also from top-tier funds. Since 2021, the company has managed to raise over $24.27M from Ethereum Foundation, Binance Labs, Coinbase Ventures, Consensys, and others. 

❗️ ❗️ ❗ IMPORTANT:

Please note that all information, including our ratings and reviews, is presented purely for educational purposes. CoinLaunch isn't a financial advisor and doesn't intend for the information to be perceived as investment advice or recommendations. Our project evaluation methodology encompasses 89+ distinct variables/metrics, refined over time through the team's rich 7-year experience.

Puffer Finance Airdrop & Retrodrop & Bounty

Airdrop
Past
04 May, 24 - 15 Aug, 24
Rewards
N/A
Reward Distribution
01 Sep, 24
Difficulty
Medium
Winners
N/A

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.

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TBA
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