😯Unbelievable news about Puffer Finance

📢 Exciting news in Puffer Finance! The Ethereum liquidity staking protocol, built on EigenLayer, has now surpassed $850 million in total locked value. This impressive milestone highlights the growing investor interest in the DeFi field. 🔒💰 #PufferFinance #Write2Earn #TrendingTopic #PYTH #BTC

According to data from DefiLlama, the total locked value (TVL) of the liquidity staking protocol on Ethereum has exceeded $8 billion, with a specific value of $8.183 billion. Among these agreements, TVL’s top five are:

ether.fi, with a TVL of $3.41 billion and a growth rate of 20.44% in the past seven days;

Renzo, with a TVL of $1.831 billion and a growth rate of 45.97% in the past seven days;

Puffer Finance, which has a TVL of $1.35 billion and a growth rate of 5.49% over the past seven days;

Kelp DAO, with a TVL of $768 million and a growth rate of 14.52% in the past seven days;

Eigenpie, which has a TVL of $350 million, has a growth rate of 5.18% over the past seven days.
#ether.fi #Renzo #PufferFinance #kelpDAO #eigenpie

Puffer Finance secures $18M in a Series A funding round.

#PufferFinance , liquid restaking protocol, raises $18M in a Series A funding round co-led by Brevan Howard Digital and Electric Capital with participation from Coinbase Ventures, Kraken Ventures, Franklin Templeton, Fidelity, Mechanism Capital, Lightspeed Faction, Consensys, Animoca, GSR and Lemniscap. Previously, Puffer Finance has launched Public Testnet and introduced a validator ticket solution.

Puffer Finance is a decentralized finance platform built on #EigenLayer that offers a liquid restaking protocol with a focus on stake pools and anti-slashing technology.

👉 theblock.co/post/288295/ethereum-puffer-finance-funding-token-valuation

#PufferFinance - It is likely to appear on the Binance exchange. Is the Restaking Trend the Narrative of 2024?

Some notable events you need to know:

1. Puffer Finance is a DeFi Restaking project invested by Binance Labs, JumpTrading, Animocar Brand - Tier 1 on CryptoMarket.

2. Restaking can be understood as re-staking these Liquid Staked Tokens (LST) to receive rewards from new ideas of new projects.

3. The two leading organizations in the Re-stake field are EigenLayer and Swell.

4. A small perspective shows that Re-staking benefits users on those two networks (receive tokens in the future ($EIGEN & $SWELL) and rewards after unstaking). From a broader perspective, #Ethereum will benefit the most.

5. A recent notable event is that #Vitalik Buterin visited the headquarters of Binance, met Co-Founder Yi He, and gained new insights into supporting Ethereum.

6. AltLayer ( $ALT ) is also a Layer2 project in the Re-staking field, which has been launched on Binance recently and has received a lot of support.

7. The investment in Puffer shows that Puffer will play a significant role in the BnB ecosystem, accompanying ALT to complete the Re-Staking process in this ecosystem.

--> 2 questions have been posed:
1. What will be the next moves for the LSD and LSD-Fi domains such as LidoDAO ($LDO ) and Lybra ($LBR)?
2. How much investment has been made into Puffer?

Read more about Binance Labs' insights regarding Puffer.

Olive Chain announces a partnership with Puffer Finance

#Olive is partnering with #PufferFinance , a decentralized finance platform built on #EigenLayer that offers liquid restaking. Through this partnership, Olive will allocate 1% of its Airdrop to Puffer Community. 20% of the Airdrop will be allocated to all pufETH holders, and 80% to pufETH stakers on Olive. Moreover, users can claim exclusive Olive x Puffer Finance #NFTs upon deposit.

Olive is a chain for gasless transactions with native staking and re-staking yield, backed by Morningstar Ventures, Jump Capital, Alliance, Hashed, and others.

👉 x.com/0xOlive/status/1793257998862938311

📊 In just under a month, the TVL in Puffer Finance has reached $850 million.

🐡 #PufferFinance lets users deposit $ETH and receive a liquid staking token that earns yield from #ethstaking and restaking 👀

#pufferfinance #Puffer