Article Summary, Automatically Generated By AI
Summary of Puffer and pufETH
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Definition:
Puffer is a decentralized native liquid restaking protocol (nLRP) built on Eigenlayer. -
Pre-mainnet Campaign:
- Launched on January 31th
- Deposit stETH to receive pufETH, earning same yield as stETH and additional DeFi yields
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Mainnet Launch Plan:
- Convert all stETH in vault to ETH
- Finance Puffer’s decentralized validators and native restaking
Numbers and Figures:</
About PufETH: Empowering a Decentralized Future
Puffer: A Revolutionary Decentralized Finance (DeFi) Platform
Puffer is a decentralized, native liquid restaking protocol (nLRP) meticulously crafted on the robust foundation of Eigenlayer.
Puffer’s Pre-Mainnet Campaign: A Pioneering Initiative
Puffer’s pre-mainnet campaign was launched on Wednesday, January 31st. By depositing stETH, users receive pufETH, which not only mirrors the yield of stETH but also unlocks additional yields in DeFi.
Puffer’s Ambitious Roadmap for Mainnet Launch
Upon the mainnet’s inaugural launch, all stETH reserves within the vault will undergo a seamless conversion to ETH, thereby facilitating the financing of Puffer’s decentralized validators and their native restaking protocols.