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We are Listing Puffer Finance (PUFFER)

October 23, 2024
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1 min

Puffer Finance (PUFFER) is a decentralized protocol that simplifies and enhances Ethereum staking. As a native liquid restaking protocol (nLRP) on Eigenlayer, Puffer allows anyone to run an Ethereum validator, even with limited resources. By staking their ETH on Puffer, users can earn higher rewards through Eigenlayer's restaking mechanism. 

Puffer's key features include permissionless access, capital efficiency, slash protection, MEV autonomy, liquid staking, and validator tickets. These features make it attractive for individuals and institutions looking to participate in Ethereum's Proof of Stake network while maximizing their returns.

What is the PUFFER token?

PUFFER token plays a crucial role in the Puffer ecosystem. It serves as the governance token for the protocol, allowing holders to participate in decision-making processes and shape the future of Puffer. Additionally, the PUFFER token is used to incentivize NoOps (individuals or entities running validators on the network) and provide various benefits within the ecosystem.

Key functions of the PUFFER token include:

  • Governance: PUFFER token holders can vote on proposals related to protocol upgrades, parameter adjustments, and other important decisions.
  • Staking: NoOps who stake their PUFFER tokens can earn additional rewards, such as boosted staking yields or priority access to new features.
  • Benefits: The PUFFER token may be used to access exclusive services or discounts within the Puffer ecosystem, such as lower fees for validator operations or participation in special events.

Here are some of the other key aspects you should consider:

  • Trading Volume (24h): The trading volume of PUFFER in the past 24 hours is $43,765,628.
  • Circulating Supply: The circulating supply of PUFFER is 102,300,000 tokens.
  • Total Supply: The total supply of PUFFER is 1,000,000,000 tokens.

Trade PUFFER

Join the PUFFER ecosystem and uncover a new generation of ETH staking! To do so, head over to our trading page and secure your first PUFFER tokens.

Risk Disclosure Statement

The information provided in this article is for educational and informational purposes only and should not be construed as financial, tax, or legal advice or recommendation. Dealing with virtual currencies involves significant risks, including the potential loss of your investment. We strongly recommend you obtain independent professional advice before making any financial decisions. The products and services offered by Cryptology may not be suitable for all users and may not be available in certain countries or jurisdictions. The promotional materials do not guarantee any specific outcomes or profits from virtual trading. Past performance is not indicative of future results. It is important to read and understand the risks, which are explained in our Risk Disclosure Statement

Katya V.

Katya is one of Cryptology’s skilled content managers and a writer with a diverse background in content creation, editing, and digital marketing. With experience in several different industries, mostly blockchain and others like deep tech, they have refined their ability to craft compelling narratives and develop SEO strategies.