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Rank #9841
token
On 263 watchlists
Tags:
DeFi
Ethereum Ecosystem
Binance Labs Portfolio
Animoca Brands Portfolio
Liquid Staking Derivatives
pufETH Price (PUFETH)
$3,491.32
-0.44%
PUFETH Charts Live Data
What is Puffer?
Puffer is a decentralized native liquid restaking protocol (nLRP) built on Eigenlayer.
##What is Puffer's pre-mainnet campaign?
Puffer's pre-mainnet Campaign was launched on Wednesday, January 31th. By depositing stETH, user receives pufETH that earns the same yield as stETH and can also generate additional yields in DeFi.
##What is Puffer's plan for mainnet launch?
Upon mainnet launch, all stETH in the vault will be converted to ETH to finance Puffer's decentralized validators and their native restaking.