PANews reported on October 9 that the re-staking protocol Puffer Finance disclosed important details about its upcoming governance token $PUFFER. Puffer said that with the launch of vePUFFER, it will officially launch PufferDAO, marking the beginning of true decentralization and community-led governance within the Puffer ecosystem. $PUFFER will give the community the right to set fees, select operators, allocate rewards, and promote upgrades to Puffer LRT, UniFi AVS, and UniFi Rollup.
In addition, Puffer will introduce vePUFFER and an innovative governance mechanism to reward long-term participating users. Puffer also said that the upcoming airdrop will reward those who have real participation in our ecosystem, and the token economics of $PUFFER will also be announced in the near future.