Cryptos: 32,478 Exchanges: 354 Market Cap: $3,640.92B 24h Vol: $120.44B Dominance: BTC 53.3% ETH 11.7% ETH Gas:  3 Gwei
Seclect Currency

Fiat currencies

    Crypto Currencies

      No results for ""

      We couldn't find anything matching your search.Try again with a different term.

      Puffer Finance's Logo

      Puffer Finance - Strategic

      Overview Investors Founders Company Profile / Project Introduction

      Overview

      Funding Date

      January 30, 2024

      Financing amount

      --

      Valuation

      --

      Category

      DeFi

      Subcategory

      Liquidity Staking

      About Puffer Finance - Strategic

      Binance Labs, the venture capital and incubation arm of Binance, has invested in Puffer, a decentralized and permissionless native liquid restaking protocol (nLRP) that combines Ethereum liquid staking with native restaking on EigenLayer. The invested funds will be used to develop Puffer’s open-source technologies, its nLRP, and novel actively validated services (AVSs) built as part of Puffer's verticalized infrastructure including a Layer 2 (L2). Puffer will bring its native liquid restaking token (nLRT) to BNB Chain users so they can earn Ethereum PoS and restaking rewards.

      Investors

      InvestorsTypeLocationYear Founded#Portfolio CompaniesEmail AddressSocials
      Fund Malta 2018 152 --

      Founders & Team

      Amir Forouzani's Logo

      Amir Forouzani

      Company Profile / Project Introduction

      Puffer is the trustless liquid staking protocol, specifically designed to address the threats to decentralization posed by existing stake pools on Ethereum. Puffer aims to address the challenges faced by solo validators in Etehreum's proof-of-stake network. Secure-Signer is a remote signing tool that limits access to validator keys to mitigate the risks of being penalized, or slashed, as a result of software bugs or user error. The penalty can be a hefty hit for stakers that don’t have a large amount of ether (ETH). Puffer is also working on a protocol to lower the barriers of entry for at-home stakers as a viable alternative to centralized liquid staking providers.

      View More
      *Fundraising Announcement: Click here