PUFFERPuffer Finance (PUFFER) Price

1.Project Introduction

Built on EigenLayer, Puffer Finance lowers the entry barrier by allowing staking with as little as 1 ETH, compared to Ethereum's standard 32 ETH. The protocol integrates liquid staking and restaking, enabling users to earn rewards from both Ethereum's Proof of Stake and additional restaking activities. Its ecosystem includes Puffer LRT, UniFi AVS, and UniFi Rollup, governed via the PUFFER token and vePUFFER NFTs, fostering community-led governance and decentralization.

2.Team Introduction

Amir Forouzani - Founder Contributor

LinkedIn: https://www.linkedin.com/in/amir-forouzani-995a86a2/

Jason Vranek - Founder Contributor

LinkedIn: https://www.linkedin.com/in/jason-vranek/

Thiago Zygband - Community Manager

Walid Al Habboul - Blockchain Engineering Lead

3.Investment institution

Lemniscap, Lightspeed Faction, Brevan Howard Digital, Bankless Ventures, Animoca Ventures, DACM, LBK, SNZ, Canonical Crypto, 33DAO, WAGMI33, Concave, DiscusFish, Sreeram Kannan, Frederick Allen, Calvin Liu, Ramble, Mr.Block, Ladislaus von Daniels, Richard Malone.

4.Token Application and Distribution

Token Application

The PUFFER token is the native governance token of Puffer Protocol and UniFi ecosystem, used to manage protocol parameters, select guardians and restaking operators, control fee structures, whitelist rollups, oversee AVS security, allocate ETH to operators and AVSs, direct ecosystem rewards, manage treasury funds, and guide rollup upgrades. It also powers vePUFFER, a unique voting escrow NFT that encourages long-term engagement with dynamic voting power and flexible staking.

Token Distribution

Ecosystem and Community: 40%

Protocol Guild: 1%

Airdrop Season 1: 7.5%

Airdrop Season 2: 5.5%

Early Contributors and Advisors: 20%

Investors: 26%