Buy Puffer
What is Puffer Finance (PUFFER)?
Puffer Finance (PUFFER) is a decentralized liquid restaking protocol built on EigenLayer, designed to enhance Ethereum's Proof of Stake (PoS) ecosystem. It allows users to stake ETH while maintaining liquidity through pufETH tokens, reducing the barriers to entry for validators. By enabling restaking with as little as 2 ETH instead of the traditional 32 ETH requirement, Puffer Finance promotes greater decentralization and accessibility in Ethereum staking.
How does Puffer Finance (PUFFER) work?
Puffer Finance operates on Ethereum and utilizes EigenLayer to enable liquid restaking. The platform issues pufETH tokens, which represent staked ETH while maintaining liquidity for DeFi applications.
Key components include:
- Liquid Restaking – Users can restake ETH while retaining liquidity, enabling participation in yield-generating DeFi strategies.
- Lower Validator Entry Barriers – Allows Ethereum validators to join with just 2 ETH, significantly reducing staking barriers.
- Permissionless Validator Framework – Anyone can become a validator without requiring central approval, reinforcing Ethereum’s decentralization.
- Slash Protection & MEV Autonomy – Ensures validators are protected from slashing risks while maintaining maximum extractable value (MEV) autonomy.
Puffer Finance also integrates UniFi-based rollups for efficient transaction processing, ensuring scalability and cost-effectiveness.
What are the potential use cases for Puffer Finance (PUFFER)?
Puffer Finance enables DeFi staking, validator operations, and cross-chain collaborations, making Ethereum staking more accessible and liquid.
Applications:
- Decentralized Finance (DeFi) – Users can restake ETH, earn rewards, and participate in yield farming.
- Ethereum Validator Operations – Reduces staking requirements, allowing more users to participate in network validation.
- Cross-Chain Interoperability – Supports collaborations with other blockchain projects to expand restaking opportunities.
Industries:
- Financial Services (DeFi) – Enhances staking and liquidity options for DeFi participants.
- Blockchain Technology – Contributes to Ethereum’s decentralization and security.
- Cryptocurrency Staking – Provides an alternative to traditional staking models with increased flexibility.
Partnerships:
- HashKey – Expanding digital asset services in Asia.
- Bitget – Supporting gas-free airdrop claims for PUFFER token holders.
- Blockchain Olive – Assisting with token distribution strategies.
What is the history of Puffer Finance (PUFFER)?
Puffer Finance was founded in 2023 by Amir Forouzani and Jason Vranek to address challenges in Ethereum’s staking ecosystem. The platform launched with a focus on reducing entry barriers for validators and improving staking liquidity.
Key Milestones:
- Launch of the Puffer Finance platform and PUFFER token, marking its entry into the liquid restaking space.
- Partnership with HashKey, strengthening its presence in the Asian market.
Related Assets
Resources
Learn More About Puffer
Frequently Asked Questions (FAQs)
What is the current price of Puffer (PUFFER)?
The Puffer price is $0.53798287 AUD, representing a +3.31% from the day prior.
Where is the best place to buy Puffer (PUFFER) in Australia?
The best place to buy Puffer (PUFFER) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Puffer (PUFFER) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of Puffer (PUFFER)?
The trading volume of Puffer (PUFFER) is $14.8M AUD in the last 24hrs, representing a +3.31% from the day prior.
How can I buy Puffer (PUFFER)?
Puffer (PUFFER) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of Puffer (PUFFER)?
The current market cap of Puffer (PUFFER) is $55.1M AUD.
Can I convert Puffer (PUFFER) to cash?
Yes - With Coinstash you can convert your Puffer (PUFFER) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Puffer (PUFFER) are there?
The current circulating supply of Puffer (PUFFER) is 102.3M.
Is Coinstash a safe place to buy Puffer (PUFFER) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Puffer (PUFFER) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.