PUFFER Puffer

Puffer Finance is a decentralized platform aimed at improving the scalability and security of Ethereum through advanced restaking and rollup technologies. Its ecosystem features the Puffer LRT (Liquid Restaking Token) and the UniFi product suite, which includes UniFi AVS and UniFi Based Rollup.

The native governance token, PUFFER, is utilized for several purposes:

• Governing key protocol parameters within 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 overseeing treasury funds.

Puffer Finance offers various tools:

•  Puffer LRT: A liquid restaking protocol that facilitates permissionless validator participation.
• UniFi AVS: An Actively Validated Service providing preconfirmation services for based rollups.
• UniFi Rollup: A rollup solution that utilizes Ethereum’s security while enhancing scalability.
• vePUFFER: An innovative ERC-721 implementation of a vote escrow token model for governance.

Founders of Puffer Finance

Puffer Finance was established by a group of blockchain specialists and Ethereum advocates. Their expertise lies in developing scalable blockchain solutions focused on enhancing Ethereum’s infrastructure. The team has collaborated with notable figures in the Ethereum community, such as Justin Drake, to create innovative solutions like anti-slashers for the staking sector.

Unique Features of Puffer Finance and UniFi

Puffer Finance and the UniFi ecosystem are distinguished by several key aspects:

• Based Rollups: The UniFi Rollup utilizes Ethereum’s existing validator set, adhering to its security and decentralization principles.
• L2 Execution Preconfs: This feature offers near-instant transaction confirmations for based rollups, significantly improving user experience.
• Liquid Restaking: Puffer LRT provides capital-efficient and flexible staking options.
• Innovative Governance: The vePUFFER model presents a unique governance approach that balances long-term engagement with flexibility.
• Ecosystem Integration: The interconnected suite of products (LRT, AVS, Rollup) collaboratively addresses Ethereum’s scalability and fragmentation challenges.