Puffer Finance
Puffer Finance is a decentralized protocol that enables anti-slashing and at-home staking on Ethereum by utilizing a low bond requirement and introducing Secure-Signer, a remote-signing tool that prevents slashable offenses. Puffer aims to diversify the validator set and reduce centralization in Ethereum's proof-of-stake network while addressing the challenges faced by solo validators. It provides a permissionless staking pool and tools to enhance the safety and viability of at-home staking.
Overview
Puffer Finance is a decentralized protocol that enables anti-slashing and at-home staking on Ethereum by utilizing a low bond requirement and introducing Secure-Signer, a remote-signing tool that prevents slashable offenses. Puffer aims to diversify the validator set and reduce centralization in Ethereum's proof-of-stake network while addressing the challenges faced by solo validators. It provides a permissionless staking pool and tools to enhance the safety and viability of at-home staking.
- Sector
- # Other
- Ecosystem
- —
Team
Team information has not been disclosed.
Funding history
3 disclosed rounds- Series A
18,000,000 USD
- Seed
5,500,000 USD
- Pre-seed
Amount undisclosed
Related news
Market updates
Report: ether.fi plans to exit its core restaking business by year-end
CoinDesk reported that ether.fi is gradually exiting its core restaking business and plans to shift toward a crypto “neobank” model; during the same period, overall fees and profits for restaking protocols declined significantly.
People updates
No related people updates.