We’re thrilled to announce that EigenLayer’s Season 2 Stakedrop is here, and as a pufETH holder, you may be eligible to claim EIGEN tokens! This distribution recognizes and rewards key participants across the EigenLayer ecosystem, including LRT (Liquid Restaking Token) users like you.

What’s Happening? EigenLayer is conducting its Season 2 Stakedrop, allocating approximately 87 million EIGEN tokens to various participants in their ecosystem. As an LRT protocol, we’re serving as a proxy to distribute these rewards to our eligible users.

Who’s Eligible? If you were staking with pufETH during the snapshot period, you may be eligible for this airdrop. The snapshot was taken on August 15th, 2024 at 22:26:59 UTC (Block #20537000).

You can learn more about the EigenFoundation’s policy on the EIGEN stakedrop in this X thread.

How Was Your Allocation Determined? EigenLayer has adopted a fully linear distribution model based on ETH-hours. This means your allocation is proportional to the amount of ETH you had staked with pufETH and the duration of your stake within the snapshot period (March 15th to August 15th, 2024). We’ve applied this same allocation technique to ensure fairness.

How to Claim Your EIGEN Tokens Claiming your EIGEN tokens is a straightforward process:

1. Visit our dedicated claim portal at claims.puffer.fi

2. Connect your wallet that holds pufETH

3. Verify your eligibility

4. If eligible, follow the prompts to claim your EIGEN tokens

The claim period opens on September 16th, 2024, and will remain open until March 16th, 2025. Don’t miss out on this opportunity!

Looking Ahead We’re excited to see EigenLayer’s vision unfold and are proud to be a part of this ecosystem as a committed LRT provider.

Our team is also hard at work developing UniFi AVS, an EigenLayer-based solution that leverages preconfirmations to bring near-instant confirmations to Ethereum without compromising decentralization.

Stay tuned for more exciting news on the horizon, including details about our upcoming TGE. We can’t wait to share more with our community soon!

Thank you for your continued support and trust in Puffer. Together, we’re shaping the future of Ethereum.

Happy claiming!

The Puffer Team

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. puffer.fi

Highlights:

• A total of 75 million $PUFFER tokens, 7.5% of the total supply is allocated for Crunchy Carrot Quest Season One airdrop.

• As part of our Protocol Guild Pledge, 1% of $PUFFER supply will support Ethereum core development with a 4 year vesting period.

While many primarily recognize Puffer as a Liquid Restaking Protocol, our remit has expanded significantly in recent months to include Puffer UniFi, our flagship Based Rollup solution, and UniFi AVS, the first-of-its-kind preconf service for based rollup preconfirmations. Moving forward, the $PUFFER token will play a pivotal role in shaping the future of the expanding Puffer ecosystem.

Throughout our recent phase of expansion, we have not deviated from our overarching mission to build a trustless, decentralized, and community-governed protocol. To uphold this standard, we established the Puffer Foundation, with a clear mandate to ensure our growth aligns with the community’s vision. The Foundation will provide initial guidance, but the true power lies with our community through transparent governance.

Building on this foundation of trust and transparency, the $PUFFER token will empower our community to participate in key decisions, guiding Puffer’s future and keeping Ethereum’s core principles at the heart of everything we do.

$PUFFER Tokenomics Overview

Token Ticker: $PUFFER

Total Supply: 1,000,000,000

Initial Supply: 102,300,000 (10.23%)

$PUFFER Distribution and Vesting Schedule

Our distribution plan has been thoughtfully crafted with a deep commitment to our core values of decentralization, inclusivity, and sustainable growth. At the heart of our strategy is the community, as we aim to reward active participation and nurture a vibrant ecosystem.

Ecosystem & Community (40%)

Allocated to initiatives that build a dynamic and engaged ecosystem, rewarding community support and ensuring continuous growth. This reserve will fund future airdrop seasons, community incentives, and initial liquidity on exchanges.

Protocol Guild (1%)

Puffer began with an Ethereum Foundation Grant. In alignment with our Protocol Guild Pledge, 1% of the total $PUFFER supply will support Ethereum core development, vested over a 4-year period. As UniFi operates directly on the Ethereum Mainnet, this contribution strengthens the security and scalability of Ethereum, benefiting the broader ecosystem. We’re committed to ongoing research, innovation, and community growth. We believe that empowering developers is the best way to do this.

Airdrop Season 1 (7.5%)

7.5% is allocated to the Crunchy Carrot Quest Season One airdrop, available immediately to reward early Puffer supporters from the Crunchy Carrot Campaign. 50% is available on day 1 and for larger depositors, the rest is vested over 6 months for equal opportunity for all of our community.

Airdrop Season 2 (5.5%)

5.5% is allocated to our Crunchy Carrot Quest Season Two participants. Season 2 has already started after our snapshot of Season 1 on Oct 5th. Stay tuned for more information on Puffy’s quest in the coming days.

Early Contributors & Advisors (20%)

This allocation is the Puffer core team and advisors, who are fully committed to Puffer’s success. This will vest over 3 years, with a 1-year cliff, ensuring long-term dedication to the ecosystem’s vision.

Investors (26%)

By providing resources and support, investors enabled Puffer to build great products for the community. Investors will receive their allocation over 3 years, with a 1-year cliff and 2 years vesting.

Crunchy Carrot Quest Airdrop

To date, our growth trajectory has been driven by the trust and fervent support of our community. We are truly grateful for your belief in Puffer, and we want to give back to those who have been with us on this journey.

To honor our community members and dedicated supporters, 7.5% of the total $PUFFER supply is allocated for community initiatives. The snapshot for eligibility was taken on October 5, 2024.

As we move forward, the Crunchy Carrot Quest continues to Season 2, giving you even more opportunities to earn points and increase your rewards.

Join Season 2 here: https://quest.puffer.fi

Claiming Your $PUFFER:

Claiming your $PUFFER is simple. Visit our official Puffer Claims website https://claims.puffer.fi to claim your tokens. The claiming window will be open from October 14, 2024, to January 14th, 2025.

As always, please be cautious and vigilant against scams and phishing attempts. Only use the official Puffer website for claiming and stay informed by following our official channels.

Shape Puffer’s Future

The launch of $PUFFER marks a pivotal moment for Puffer and the Ethereum community. We’re excited to have you onboard as we redefine and UniFi the Ethereum landscape. There’s so much more ahead, and we invite you to be an active part of this journey.

Stay tuned for the launch of the most Based Rollup stack soon!

Website: https://www.puffer.fi/

Puffer X: https://x.com/puffer_finance

Puffer UniFi X: https://x.com/puffer_unifi