Puffer Finance (puffer-finance)

🐡 $PUFFER Tokenomics Breakdown: Empowering the Puffer Community and Beyond 🐡 https://medium.com/puffer-fi/puffer-e-utility-c789352629e6 The $PUFFER airdrop goes live on October 14th, 2024, 11 AM UTC! $PUFFER is the cornerstone of all our products: - The first permissionless LRT. - The first based rollup with instant withdrawal, UniFi Based Rollup - The first preconf service enabling 100ms transactions on Ethereum, UniFi AVS. Design with great utility to empower our community and drive the ecosystem forward. 🪂 No Pufferfish Left Behind: Big or small fish get the airdrop. 💰 Community Allocation: 7.5% of the total supply is allocated for the Season 1 airdrop, enabling Puffers to decide the future direction of the protocol by minting vePUFFER and voting. 🤝 Supporting Ethereum: Puffer began with an Ethereum Foundation grant. To support Ethereum core developers, we are allocating 1% of the PUFFER supply to ProtocolGuild. Together, we are building the future of Ethereum!

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UniFi’s main mission is to tackle the issue of liquidity fragmentation in Ethereum. Liquidity Fragmentation is the dispersion of liquidity across multiple L2s, causing inefficiencies and turning Ethereum into a negative-sum game. DeFi capital is scattered across hundreds of liquidity pools in different L2 solutions. Bridges everywhere. 🙃 UniFi as a Based Rollup allows developers to deploy customized Appchains while benefiting from Ethereum's L1 security and interoperability. These based-app chains connect and interoperate with each other. No bridges are needed between them. This approach maximizes efficiency and fosters a more cohesive and powerful Ethereum ecosystem. 🤝

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No bridges between Based Rollups. Why is this important? The conventional method of transferring assets between L2s relies on bridge protocols. However, bridging has multiple issues: it's slow, expensive, and poses significant security risks. UniFi eliminates the need for bridges. Through synchronous composability, transactions on UniFi can interact directly with other Based Appchains. This provides users with the experience of a unified L1 — safer, faster, and cheaper than the current fragmented landscape. Future is based.

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heyuuu from @edcon 🐡

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