Bybit LearnTopicsLatest HappeningsBlogBybit GuidesExpertsEcopedia
Log In
Sign Up
Topics web3Current Page

Puffer (PUFFER): Inflating Returns With ETH Liquid Restaking

Intermediate
web3
Oct 23, 2024
8 min read
0

If you're looking to boost your Ethereum staking returns without locking up your assets, Puffer might have something for you. Built on EigenLayer, this decentralized protocol allows users to stake with as little as 1 ETH, all while maintaining liquidity and maximizing rewards. But how exactly does Puffer achieve this? 

This article explores Puffer's innovative staking system, its history, key features, tokenomics and what makes its upcoming airdrop an exciting opportunity.

Key Takeaways:

  • Puffer allows users to stake with as little as 1 ETH while maintaining liquidity through Puffer’s innovative liquid restaking system, boosting Ethereum staking rewards.

  • Using anti-slashing technologies and supporting more solo validators, Puffer reduces centralization risks and enhances the security of Ethereum's proof of stake system.

  • Looking to trade Puffer tokens? Bybit now offers the PUFFER/USDT Spot trading pair and PUFFERUSDT Perpetual contract for trading. To celebrate this listing, Bybit is holding an exclusive event where you can earn a share of the 700,000 PUFFER prize pool.

Grab Up to 5,100 USDT in Rewards

Also, enjoy 555% APR on Bybit Earn products!

Start Earning Now