Puffer News — March 22
Puffer News — March 22
Greetings, Puffer community! We’re still coming down from the high of ETHDenver, where we had the opportunity to connect with some amazing developers and researchers across the Ethereum landscape who share our vision for addressing the network’s well-documented fragmentation issues. Over the last month or so we’ve also ticked off some important milestones on our roadmap, so let’s get you up to speed on these significant developments for the Puffer ecosystem!
$CARROT Claiming Now Live!
Last week we announced that $CARROT claiming is now live, presenting another opportunity for users to participate in our expanding ecosystem. With a total supply of 100M $CARROT, the entire allocation is set to be redeemed for 55M $PUFFER. As part of this process, 20% of the $CARROT supply will be automatically converted into PUFFER by the end of Season 2, ensuring a structured transition. Claim your $CARROT here: http://app.puffer.fi/portfolio
New Puffer App Launch
We also recently announced the launch of the Puffer App, which has received excellent feedback so far. With a sleek, intuitive interface, the app is designed to make staking, restaking, and earning rewards effortless for all users. Featuring 1-click staking, it removes the complexity traditionally associated with staking and DeFi strategies, allowing users to seamlessly access, manage and grow their assets with minimal effort. The Puffer App also provides frictionless integration with our vaults, providing users with a powerful tool to maximize returns while maintaining full liquidity.
Whether you’re looking to stake for passive income or explore advanced DeFi opportunities, the app serves as a one-stop solution that caters to both beginners and experienced DeFi users alike. The following X post provides a brief video tutorial of the app in action. Interested parties can check out the user-friendly interface here: https://app.puffer.fi/stake
pufETH comes to Soneium
We recently announced that pufETH is coming to Soneium, an innovative Ethereum-based Layer 2 blockchain, further expanding its presence within the Astar Network Superchain ecosystem. This integration provides pufETH liquidity providers with new opportunities to engage in DeFi and liquidity incentives. With pufETH liquidity now live on Soneium, participants can start earning $ASTR rewards through the ACS campaign, initially launching with a 1x multiplier. This incentive structure is designed to grow over time, meaning early adopters will have a strategic advantage as rewards increase.
Season 2 update
The fourth voting epoch — the set time period where token holders vote to allocate rewards — for the updated Season 2 has officially concluded with over 4.18M votes cast! A new Voting Epoch begins every other Thursday at 12am UTC, and holders are subject to a 3-day warm-up period before voting. To join an epoch, interested parties can stake their $PUFFER tokens at: vote.puffer.fi/plugins/stake
Puffer at ETHDenver
The Puffer team had a very productive time at the recent ETHDenver event in Colorado. Each year, ETHDenver brings together a diverse group of builders, engineers, designers, researchers and infrastructure operators, alongside key figures from the broader Ethereum community. This year was no different, and the Puffer team was on the ground participating in panel discussions, networking sessions and technical deep dives, exchanging insights with renowned industry leaders. We also held the Puffer VIP dinner, which was a great success!
Members of the Puffer team proudly representing our community at ETHDenver.
Amir Forouzani, Co-Founder of Puffer Labs outlined how there has never been a better time for institutions to enter the staking ecosystem and take advantage of the opportunity to deploy their own execution environments, leveraging the power of based rollups for scalability, efficiency and security.
Amir Forouzani taking part in the ‘future of crypto’ panel discussion.
You can also check out Amir’s appearance at another ETHDenver panel discussion which was focused on based rollups here: https://www.youtube.com/watch?v=Xvei4j44tL8
Amir also recently took part in a video AMA with The Birb Nest on the future of staking and rollups. Check it out here: https://www.youtube.com/watch?v=gimgAyaV9ZA
New Partnerships & Integrations
Everclear Collaboration
Last month we teamed up with Everclear to seamlessly migrate 6,200 pufETH from Mainnet to Zircuit. The impact of this collaboration was undeniable — $17 million in transaction volume within a single day, demonstrating the power of xERC20. The following case study published by Everclear delves into how emerging chains can effortlessly boost their TVL by enabling asset issuers to bridge smoothly.
Puffer & Nucleus: A Smarter Way to Put Your USD to Work
The Unifi USD Vault is powered by Nucleus Earn — a stablecoin vault designed for steady, sustainable growth. Let your idle stablecoins do the work with Unifi USD.
Deposit: $USDC, $USDT, $lvlUSD, or $slvlUSD Earn:CARROT rewards, 2x Nucleus points, lvlXP
Stack an extra 104% APR on $CARROT, on top of a 7.77% base USD yield.
BIG CARROT Campaign with Galxe!
Last month we announced the special BIG CARROT campaign in conjunction with our partners at Galxe Quest. The BIG CARROT drop involves 30K $CARROT being allocated per day to fuel the unifiBTC, unifiUSD, and unifiETH vaults. As part of the campaign, 50 $CARROT were up for grabs for 10 lucky winners on Galxe.
Join the campaign here: https://app.galxe.com/quest/pufferfinance/GCp7stp3zX
Zeeverse Collaboration
We recently joined forces with Zeeverse for an exclusive 20,000 $CARROT giveaway, only on Party Island. Zeeverse’s Party Island is a dedicated in-game area introduced to host special events and giveaways. Previously, Zeeverse hosted a teaser party where 6,200 Puffer Allocation tokens were distributed.
Exchange Rate: 2 Puffer Allocation tokens = 1 $CARROT More tokens = More rewards!
Get ready to party, collect tokens, and stack that sweet $CARROT!
The following medium post from Zeeverse explores the collaboration in more detail. Get involved!
pufETH is now live on SONEX
Sonex is the gateway to Soneium, a next-gen DeFi hub that brings seamless, decentralized trading to retail users. Incentives for the pufETH/USDC pool are coming soon, its gauge will be eligible for $CARROT in the next reward epoch.
Interested parties can get started here: https://app.sonex.so/explore/pools/0x4A0e0E8d5DF4AEC0a08359e599720628b179F7eD
Kyo Integration
The ETH/pufETH liquidity pool recently launched on Kyo Finance, providing a new opportunity for seamless trading and deeper liquidity. Kyo Finance serves as the flagship decentralized exchange (DEX) of Soneium, utilizing a ve-tokenomics model to align incentives and drive sustainable growth. As a next-generation DEX, Kyo Finance is designed to unify liquidity across the entire Superchain ecosystem. It achieves this by leveraging an intent-based batch transaction system that enhances efficiency and minimizes costs for users. Additionally, Kyo incorporates a real-time voting mechanism, empowering the community to actively participate in governance decisions and shape the platform’s future.
Provide liquidity to earn pool APR, $CARROT rewards, a 1.5x boost on ACS rewards, and extra Kyo Credit.
Provide liquidity here: https://app.kyo.finance/liquidity/0x8c4f743c763abe5cbae4e50358b05c7d45921638
Check your rewards here: https://app.puffer.fi/portfolio
DeFi Conquest
We also recently joined the DeFi Conquest on Soneium with Kyo Finance and top DeFi protocols, as pictured below:
Interested parties can complete the Puffer quest for a chance to win $CARROT rewards! 10 lucky winners will receive 40 $CARROT each! Join here: https://app.galxe.com/quest/pufferfinance/GCgn2tpVJy
Thanks for reading! The amazing support of the Puffer community motivates us to keep building and forging ahead! As always, be sure to check out our X, Discord, and Telegram to stay updated on the latest developments!
About Puffer Finance
Puffer Finance is a leading innovator in Ethereum infrastructure, focusing on next-generation rollups supported by liquid restaking (LRT) and preconfirmation as an AVS. With products like Puffer UniFi and Puffer UniFi AVS on EigenLayer, we are dedicated to enhancing Ethereum’s decentralization. Visit puffer.fi for more information.