Airdrop Puffer: Future Updates You Should Know!

Bittime - Puffer airdrop future updates you should know about! In the past few weeks, the Puffer team has been working hard to complete various important milestones in their decentralized roadmap.

One of the most anticipated news is related to Puffer's airdrop and the launch of their governance token, $PUFFER, on major crypto exchanges.

Check out all the exciting updates about Puffer's airdrop that you need to know!

Also read Tokenomics Memeland Airdrop, Check out the Allocation

$PUFFER Launch and Listing on Major Exchanges

This week, Puffer announced the launch of their governance token, $PUFFER, which will soon be listed on various top exchanges such as Kraken, KuCoin, Bybit, Bitget, Gate.io, MEXC, and Hashkey.

The token will be traded with the PUFFER/USDT pair.

This announcement has also been widely covered by major crypto media such as CoinDesk and Crypto News, signaling the great potential of this token in the future.

The $PUFFER token will play an important role in the Puffer Finance ecosystem, allowing its holders to vote on important decisions such as protocol upgrades, fee adjustments, and new feature proposals for their flagship products such as the UniFi AVS, UniFi Rollup, and Puffer Liquid Restaking Token (LRT).

Also read Crypto Airdrop Until December 2024, Opportunity to Get Free Tokens!

As such, $PUFFER token holders will play a direct role in steering the future of the project.

$PUFFER Tokenomics: Fair and Sustainable Distribution

In keeping with their vision of focusing on decentralization and sustainable growth, Puffer Finance has designed a fair distribution plan for the $PUFFER token.

The total supply of $PUFFER is 1 billion tokens, with 102.3 million tokens available at launch. Here is the breakdown of the token distribution:

- 40% to the ecosystem and community

- 7.5% for Crunchy Carrot Quest Airdrop Season 1

- 5.5% for Season 2 Airdrop

- 26% for investors

- 20% for early contributors and advisors

In addition, 1% of the total supply will be allocated to support Ethereum core development through the Protocol Guild Pledge, which will be invested over 4 years.

A testament to Puffer Finance's commitment to helping improve Ethereum's security and scalability, which will ultimately benefit the crypto ecosystem as a whole.

UniFi Staking and Withdraw pufETH Already Active

In addition to the token launch, Puffer Finance also announced that UniFi staking is now available.

Users can now stake pufETH in the Puffer UniFi Vault to earn higher Puffer Points in Season 2 as well as help address fragmentation issues on the Ethereum network.

In addition, users who stake will also receive UnifiETH, which can later be used as a yield gas token when the UniFi Mainnet launches.

To withdraw pufETH, Puffer Finance offers two flexible options:

1. One-Step

Instant ETH withdrawal with a small fee that will be burned for the benefit of all pufETH holders.

2. Two-Step

Withdraw without fees for large amounts, but with a processing time of up to 14-21 days. This option is designed to maximize cost efficiency.

With this two-step approach, Puffer Finance aims to increase the security of the protocol while strengthening the composability of DeFi.

Future of UniFi AVS and Cooperation with Partners

Puffer Finance has also launched UniFi AVS, an innovative solution built on EigenLayer to accelerate Ethereum transaction processing.

In the past two weeks, UniFi AVS has seen a significant increase in activity with 1.05 million ETH (worth $2.4 billion) staked.

Not only that, Puffer Finance has also established strategic partnerships with Commit-Boost and Owlto.

This collaboration aims to increase efficiency in the world of Ethereum proposer commitments and address Ethereum's fragmentation problem, making the ecosystem more scalable and efficient.

Conclusion

The recent update of the Puffer airdrop and the launch of the $PUFFER token presents many exciting opportunities for the crypto community, especially with the listing of the $PUFFER token on various top exchanges.

With a distribution plan that focuses on decentralization and collaboration with various major partners, the future of Puffer Finance looks very bright.

Be sure to stay tuned for more information on when the $PUFFER token will be listed on exchanges, as well as opportunities to participate in staking and future airdrops.

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