What is pufETH?
pufETH is Puffer Finance's native liquid restaking token, combining ETH staking with EigenLayer restaking in a single token. Puffer's unique anti-slashing technology reduces validator risks while maximizing yield potential.
Key Statistics
| Metric | Value |
|---|---|
| . . . . | . . . - |
| Market Cap | $400M+ |
| ETH Staked | 150,000+ ETH |
| Base APY | ~4% + restaking |
| Primary Chain | Ethereum |
How pufETH Works
Native Restaking: pufETH is natively restaked on EigenLayer, not wrapped. Anti-Slashing: Secure-Signer technology protects against slashing events. Yield Stacking: ETH staking + EigenLayer AVS rewards compound.Yield Opportunities with pufETH
Combined Yields: Earn ETH staking + restaking yields in one token. DeFi Integration: Use pufETH in lending protocols and DEXs. Puffer Points: Earn points for potential PUFFER token airdrops.Risk Considerations
Restaking Risks: AVS slashing could affect pufETH value. Smart Contract Risk: Multiple protocol layers increase complexity. Early Stage: Puffer is newer than established LST protocols.Frequently Asked Questions
What is anti-slashing technology?Puffer's Secure-Signer prevents validators from signing slashable messages.
How does pufETH compare to stETH?pufETH includes native restaking; stETH requires separate restaking steps.