Puffer Finance is committed to developing a decentralized, protected, and effective Ethereum ecosystem. The strategic roadmap outlined by Puffer highlights a future-targeted method of beating the challenges of liquidity fragmentation and centralized Command, reinforcing Ethereum's Management placement in the blockchain House.
Puffer Finance (PUFFER) is often a decentralized native liquid restaking protocol crafted on Eigenlayer, meant to make Ethereum staking more available and worthwhile. By permitting any person to run an Ethereum validator with fewer than two ETH, Puffer lowers limitations for solo stakers and encourages decentralization. It provides slash protection by way of Superior components and permits validators to generate additional by restaking their ETH For added rewards.
They acknowledge ETH deposits through the person and stake them inside the Ethereum network on their own behalf. The Liquid Staking Protocol then mints some LST tokens to symbolize the person's deposit, which They might use within a myriad of how in DeFi.
The emergence of liquid staking protocols like Lido and Rocket Pool has brought about major amounts of ETH pooling, building a possible centralization possibility.
Given that NoOps receive one hundred% in the PoS rewards they create, They can be incentivized To optimize their validator overall performance, encouraging protect staker ETH.
This requirement is to protect stakers and it'll be upgraded to the trustless solution at the time Ethereum's protocol enables it by way of EIP-7002.
Reliance on EigenLayer: Puffer’s integration with EigenLayer for restaking makes dependency risks, any complex or stability difficulties inside EigenLayer could effects Puffer's operations and the security of staked belongings.
As an independent implementation of copyright' Web3Signer distant-signing tool, Safe-Signer moves essential management and signing logic out from the consensus consumer and into a safe enclave.
Puffer puffer fi governance plays a crucial role in overseeing restaking, which include introducing new modules, managing their delegations to RestakingOperator contracts, and managing operators' AVS commitments.
This lowers the barrier to entry for solo stakers, letting for a strong and scalable permissionless node operator established. If the validator is employing Puffer's anti-slasher, they can minimize this collateral need to 1 ETH.
To paraphrase, Puffer’s native liquid restaking mechanism lets validators to make use of their staked ETH in other pursuits while keeping their validator status and building yields.
To be sure our progress aligns with our community's eyesight, we recognized the Puffer Foundation. Its mandate is always to:
These means are meant to equip you with an extensive knowledge of how Puffer’s UniFi functions.
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