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Market Data & Token Stats
| Fully Diluted Valuation | $18.74M |
|---|---|
| 24H Trading Volume | $6.41M |
| 24H Low / High | $0.01719 / $0.01924 |
| Circulating Supply | 461.04M |
| Total Supply | 1.00B |
| Max Supply | 1.00B |
Market Health Signals
| Vol / MC Ratio | 74.21% Very High |
|---|---|
| Circulating Ratio | 46.10% Fair |
Key Project Information
| Categories | Smart Contract Platform 9 more |
|---|---|
| Founder | Amir Forouzani 1 more |
| Website | puffer.fi Whitepaper |
| Socials | 1 more |
| Chains | Ethereum Ecosystem 1 more |
| Explorer | Bscscan 4 more |
| Contracts |
0x4d1....64530
1 more
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$puffer Markets
| Name | Pair | OG Score |
|---|
About Puffer
Puffer Finance emerges as a pivotal player in the Ethereum ecosystem, offering a decentralized native liquid restaking protocol (nLRP) built on EigenLayer. This innovative protocol is designed to enhance the staking experience on Ethereum by introducing a suite of features that tackle the challenges of accessibility, security and yield generation. Here's an in-depth look at what makes Puffer Finance stand out:
Liquid Restaking: Puffer Finance allows users to stake their Ethereum (ETH) and receive pufETH, a liquid restaking token. This token represents staked ETH but provides the liquidity to be used in other DeFi applications, enabling users to generate additional yield through restaking on EigenLayer without unstaking their original ETH.
Anti-Slashing and Secure Operations: One of Puffer's core innovations is its Secure-Signer tool, which operates using Intel SGX technology to prevent validators from committing slashable offenses. By limiting access to validator keys, it reduces the risk of penalties due to software bugs or human errors, thus making staking safer for smaller stakers.
Validator Tickets (VTs): Puffer introduces Validator Tickets as a mechanism to manage validator operations. These tickets not only incentivize node runners by allowing them to earn from selling them but also ensure that stakers' assets are well-protected, aligning incentives and enhancing the staking ecosystem's efficiency.
UniFi AVS and Based Rollups: Puffer Finance has ventured into enhancing Ethereum's scalability through UniFi AVS (Application Verification Scripts), a service for preconfirmations and based rollups, which promise sub-second transaction confirmations and instant Layer 2 to Layer 1 withdrawals. These technologies aim to address Ethereum's scalability issues, offering a more efficient transaction environment.
Founders:
Puffer Finance was co-founded by Amir Forouzani and Jason Vranek, both bringing significant expertise to the project. Amir Forouzani's leadership and Jason Vranek's technical background from his time at Chainlink contribute to the project's strategic direction and technical robustness.
Investors and Backers:
The project has attracted substantial investment, reflecting confidence in its vision:
Venture Capital: Notable backers include Brevan Howard Digital, Electric Capital, Coinbase Ventures, Binance Labs and Franklin Templeton, showcasing a strong mix of traditional finance and crypto-native investment.
Exchanges and Labs: Support from Binance Labs, Coinbase and Kraken Ventures further underscores Puffer Finance's credibility and potential in the DeFi space.
Angel Investors: Industry figures like Justin Drake from the Ethereum Foundation and other influential individuals in the blockchain space have also shown support, adding a layer of trust and expertise.
Use Cases:
Decentralized Staking: Puffer lowers the entry barrier for Ethereum staking, allowing anyone to become a validator with significantly less than the standard 32 ETH, promoting decentralization.
Enhanced Yield Opportunities: Through its native restaking capabilities, users can earn not only traditional Proof of Stake (PoS) rewards but also additional yields from various Actively Validated Services (AVSs) on EigenLayer.
Transaction Speed and Efficiency: With UniFi AVS and based rollups, Puffer Finance aims to make Ethereum's transaction processing faster and more cost-effective, ideal for both everyday transactions and complex DeFi operations.
Security for Validators: The Secure-Signer and anti-slashing mechanisms offer enhanced security for validators, making staking less risky for solo operators.
What is unique about Puffer (PUFFER)?
Puffer Finance uniquely combines liquid restaking with anti-slashing technology and introduces validator tickets, lowering entry barriers while enhancing security and yield.
Who are the founders of Puffer (PUFFER)?
Puffer Finance was founded by Amir Forouzani and Jason Vranek, with deep roots in blockchain innovation and technology.
Who are the backers/investors of Puffer (PUFFER)?
Puffer Finance is backed by a diverse group including Brevan Howard Digital, Binance Labs, Coinbase Ventures and notable angel investors from the blockchain community.
Where can I buy Puffer (PUFFER)?
Kraken, Bitget, Gate.io, BybitMEXC
Information in this section carefully collected and curated from publicly available data from official sources, including the Puffer Official Website, Puffer Whitepaper and Puffer X (Twitter) Account.
The information presented on this page is created and published by the OGAudit Editorial Team for educational and informational purposes. It should NOT be construed as an endorsement, or as legal, or investment advice. If you believe any content on this page is outdated or incorrect, please feel free to contact us for updates and corrections.
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