Based

Suite

Major

Puffer

<h2 id="key-points">Key Points</h2> 
<ul> 
 <li>Puffer (PUFFER) launched on October 14 on exchanges.</li> 
 <li>The initial supply of the token is 102.31 million representing 10.23% of the total supply.</li> 
</ul> 
<p>Yesterday, Puffer (PUFFER) launched on major exchanges including Bybit, Kraken, Gate.io, Kucoin, and more.</p> 
<p>Since the token’s launch, its price has surged by over 100%, and the coin is now trading above $0.6. The token’s market cap is $61.65 million.</p> 
<p>Earlier today, PUFFER’s price reached levels close to $0.9 ahead of a drop to current levels.</p> 
<figure id="attachment_51734" aria-describedby="caption-attachment-51734" style="width: 100%" class="wp-caption alignnone">
 <a href="https://crypto.ro/en/wp-content/uploads/2024/10/PUFFER_1D_graph_coinmarketcap.jpeg"><img loading="lazy" decoding="async" class="wp-image-51734 size-full" src="https://crypto.ro/en/wp-content/uploads/2024/10/PUFFER_1D_graph_coinmarketcap.jpeg" alt="PUFFER price in USD today" width="1200" height="800" title="Puffer (PUFFER) Launches on Major Exchanges 21" srcset="https://crypto.ro/en/wp-content/uploads/2024/10/PUFFER_1D_graph_coinmarketcap.jpeg 1200w, https://crypto.ro/en/wp-content/uploads/2024/10/PUFFER_1D_graph_coinmarketcap-300x200.jpeg 300w, https://crypto.ro/en/wp-content/uploads/2024/10/PUFFER_1D_graph_coinmarketcap-1024x683.jpeg 1024w, https://crypto.ro/en/wp-content/uploads/2024/10/PUFFER_1D_graph_coinmarketcap-768x512.jpeg 768w, https://crypto.ro/en/wp-content/uploads/2024/10/PUFFER_1D_graph_coinmarketcap-750x500.jpeg 750w, https://crypto.ro/en/wp-content/uploads/2024/10/PUFFER_1D_graph_coinmarketcap-1140x760.jpeg 1140w" sizes="(max-width: 1200px) 100vw, 1200px"></a>
 <figcaption id="caption-attachment-51734" class="wp-caption-text">
  PUFFER price in USD today
 </figcaption>
</figure> 
<p>According to data from CoinMarketCap, the PUFFER community sentiment is 84% bullish.</p> 
<h2 id="puffer-tokenomics">PUFFER Tokenomics</h2> 
<ul> 
 <li>PUFFER’s total supply is 1 billion tokens.</li> 
 <li>The initial supply is 102.3 million tokens representing 10.23% of the total PUFFER supply.</li> 
 <li>7.5% of the coins were reserved for the Airdrop Season 1.</li> 
 <li>20% of the PUFFER tokens went to early contributors and advisors.</li> 
 <li>26% of the coins went to investors.</li> 
 <li>1% of the tokens were allocated to the Protocol Guild.</li> 
 <li>40% were reserved for the ecosystem and community.</li> 
 <li>5.5% of the tokens will be distributed during the Airdrop Season 2.</li> 
</ul> 
<figure style="width: 100%" class="wp-caption alignnone">
 <img loading="lazy" decoding="async" src="https://pbs.twimg.com/media/GZggNUQaAAIdLVR?format=jpg&amp;name=900x900" alt="Puffer Tokenomics" width="828" height="466" title="Puffer (PUFFER) Launches on Major Exchanges 22">
 <figcaption class="wp-caption-text">
  Puffer Tokenomics
 </figcaption>
</figure> 
<p>The team at Puffer Finance announced the availability of PUFFER futures on Bitget and OKX on October 14.</p> 
<h2 id="what-is-puffer-finance-puffer">What is Puffer Finance (PUFFER)?</h2> 
<p><a href="https://x.com/puffer_finance" rel="nofollow" target="_blank">Puffer Finance</a> is a decentralized platform created to enhance Ethereum’s scalability and security through restaking and rollup solutions.</p> 
<p>The Puffer ecosystem includes the following:</p> 
<ul> 
 <li>Puffer LRT (Liquid Restaking Token)</li> 
 <li>The UniFi Suite of products: UniFi AVS and the UniFi Based Rollup</li> 
</ul> 
<p>The Puffer LRT is a liquid restaking protocol that allows for permissionless validator participation.</p> 
<p>The UniF AVS is an actively validated service that offers pre-confirmation services for based rollups.&nbsp;The UniFi Based Rollup is a solution that uses Ethereum’s security while offering enhanced scalability.</p> 
<p><a href="https://crypto.ro/en/cryptocurrencies/puffer/">PUFFER</a> is the native governance token that will be used for the following:</p> 
<ul> 
 <li>Governing key protocol parameters across the Puffer and UniFi ecosystem</li> 
 <li>Selecting guardians, restaking operators, and curating supported AVS</li> 
 <li>Managing fee structures and whitelisting new rollups for AVS support</li> 
 <li>Directing ecosystem rewards and managing the treasury funds</li> 
</ul> 
<p>The vePUFFER is an innovative ERC-721 implementation of a vote escrow token model for governance.</p>

Puffer (PUFFER) Launches on Major Exchanges

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