Liquid restaking project Puffer Finance has reached $200 million in terms of the value of cryptocurrencies deposited on the platform. approached the threshold.
According to DefiLlama data, the total value of Ethereum (ETH) deposited to the Puffer Finance platform, $181 million He got on top of it. Puffer Finance among liquid staking platforms third place It is located.
Puffer provides DeFi users Re-staking their Ethereum It offers a new way to
The project received investment from Binance Labs in August 2023. Secure-Signer tool developed by Puffer From Ethereum Foundation had received a grant.
by Ethereum users staked ETHs cannot be used on different platforms because they are locked in the network.
In the liquid restaking method, users receive money in exchange for the Ethereum they staked. receipt function Another token bearing is given and this is re-staking on different platforms It can be used for.
This gives investors Earning returns in different ways offers the opportunity.