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Puffer Finance

Puffer Finance

Puffer Finance is a liquid restaking protocol for Ethereum. It enables users to stake ETH and earn rewards from Ethereum staking, EigenLayer, and Puffer itself, while maintaining liquidity through its pufETH token. The project also develops a Layer 2 rollup and other infrastructure to improve Ethereum's scalability and decentralization, catering to both individual and institutional clients.
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Description

Puffer Finance is a decentralized finance (DeFi) protocol focused on Ethereum liquid restaking. It allows users to stake their ETH to receive a liquid restaking token, pufETH, which earns them Ethereum staking rewards, EigenLayer restaking rewards, and Puffer Finance's own rewards. The platform is built to enhance Ethereum's decentralization and scalability through its native liquid restaking protocol. Puffer also offers a UniFi Based Rollup, a Layer 2 solution for Ethereum that provides instant L1 withdrawals and sub-second transactions, and a UniFi Preconf AVS built on EigenLayer for fast transaction confirmations. Additionally, Puffer provides institutional-grade infrastructure for Ethereum staking. The project has received grants from the Ethereum Foundation and is backed by various venture capital firms and angel investors in the crypto space.