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Puffer is a decentralized platform designed to enhance Ethereum's scalability and security through innovative restaking and rollup solutions. The ecosystem comprises Puffer LRT (Liquid Restaking Token) and the UniFi suite of products, which includes UniFi AVS and UniFi Based Rollup.
PUFFER is the native governance token that will be used for:
* Governing key protocol parameters across the Puffer and UniFi ecosystem.
* Selecting guardians, restaking operators, and curating supported AVSs.
* Managing fee structures and whitelisting new rollups for AVS support.
* Directing ecosystem rewards and managing treasury funds.
Puffer tools include:
* Puffer LRT: A liquid restaking protocol that allows for permissionless validator participation.
* UniFi AVS: An Actively Validated Service that provides preconfirmation services for based rollups.
* UniFi Rollup: A based rollup solution that leverages Ethereum's security while offering improved scalability.
* vePUFFER: An innovative ERC-721 implementation of a vote escrow token model for governance.
Who Are the Founders of Puffer?
Puffer Finance was founded by a team of blockchain experts and Ethereum enthusiasts. The team's background includes experience in developing scalable blockchain solutions, with a focus on improving Ethereum's infrastructure. Puffer has collaborated with prominent figures in the Ethereum community, including Justin Drake, in developing innovative solutions like anti-slashers for the staking industry.
What Makes Puffer and UniFi Unique?
Puffer Finance and the UniFi ecosystem stand out for several reasons:
Based Rollups: UniFi Rollup leverages Ethereum's existing validator set, aligning with Ethereum's security and decentralization principles.
L2 Execution Preconfs: Provides near-instant transaction confirmations for based rollups, enhancing user experience.
Liquid Restaking: Puffer LRT allows for more capital-efficient and flexible staking options.
Innovative Governance: The vePUFFER model offers a unique approach to governance that balances long-term engagement with flexibility.
Ecosystem Integration: The suite of products (LRT, AVS, Rollup) works cohesively to address Ethereum's scalability and fragmentation issues.
For developers interested in building on or integrating with Puffer's solutions, documentation and resources will be available on the official website.
The live Puffer price today is $0.307614 USD with a 24-hour trading volume of $51,033,851 USD. We update our PUFFER to USD price in real-time. Puffer is down 2.08% in the last 24 hours. The current CoinMarketCap ranking is #655, with a live market cap of $31,471,000 USD. It has a circulating supply of 102,306,717 PUFFER coins and a max. supply of 1,000,000,000 PUFFER coins.