Puffer Finance Announces PUFFER Airdrop with Tokenonomics Details
Ethereum re-Staking Protocol Puffer Finance has revealed exciting news for its community members - the PUFFER airdrop is set to launch on October 14th. Alongside this announcement, Puffer Finance also shared crucial details about the tokenonomics of its native Token, PUFFER.
Token Supply and Allocation
In an official statement, Puffer Finance disclosed that the total supply of PUFFER stands at 1 billion tokens. Here is a breakdown of the allocation:
- 7.5% of the total supply is dedicated to the Crunchy Carrot Quest Season 1 airdrop.
- 1% of the total PUFFER supply will go towards supporting Ethereum core Development, with a vesting period of 4 years.
Community Support and Development
The Puffer guild has committed to allocating 40% of the token supply towards the ecosystem and community. This allocation will help fund future airdrop seasons, community incentives, and provide initial liquidity on Exchanges. Additionally:
- 5.5% is earmarked for the second season of the airdrop.
- 20% will be allocated to early contributors and consultants.
- 26% is reserved for investors who will receive their allocation over 3 years, with a 1-year cliff and 2 years vesting.
Claim Period and Participation
The airdrop claim period is scheduled to run from October 14, 2024, to January 14, 2025. If you are interested in participating, you can claim your airdrop here.
Puffer's Product Offerings
Puffer Finance offers a range of products designed to enhance the user Experience within the ecosystem. Some of their key offerings include:
- Puffer UniFi: A flagship Based Rollup solution.
- UniFi AVS: A preconf service for based rollup pre-confirmations.
With the introduction of the $PUFFER token, Puffer Finance aims to revolutionize the future of the Puffer ecosystem and provide users with innovative Solutions.
Stay Updated with Crypto News
For more exciting updates in the Cryptocurrency space, check out our recent article on X Empire’s Chill Phase, where fans were thrilled with a 75% community airdrop. Stay tuned for more news and developments!
