Puffer Finance

Puffer Finance is a decentralized liquid restaking protocol on Ethereum that enables users to earn staking and restaking rewards via the pufETH token.

Overview of Puffer Finance Puffer Finance is a decentralized native Liquid Restaking Protocol (nLRP) built on EigenLayer. It is designed to lower the barriers to entry for Ethereum stakers while maximizing the utility of their capital. Unlike traditional liquid staking, Puffer integrates native restaking , allowing users to earn multiple layers of yield without locking up their liquidity. The pufETH Mechanism When users stake ETH with Puffer, they receive pufETH . This is a yield-generating token that represents the user's stake plus the rewards accumulated from both Ethereum proof-of-stake (P