According to Odaily, Puffer Finance has issued a notice to pufETH depositors on Pendle to migrate to a new pufETH pool. The old pufETH pool expired on June 26, and its 1.25 times bonus will end at 21:00 on July 3. Puffer Finance is urging users to move their liquidity to the new pufETH pool to receive a double Puffer point bonus and continue to receive enhanced incentives.
The company's announcement is aimed at ensuring that users continue to benefit from their deposits. By moving to the new pool, depositors will not only continue to earn rewards but also receive a double bonus in Puffer points. This move is seen as a strategic step by Puffer Finance to maintain user engagement and incentivize participation in their platform.
It is important for users to note the deadlines and take action accordingly to avoid any potential loss of rewards. The old pool's bonus will cease to exist after 21:00 on July 3, making it crucial for users to migrate their deposits to the new pool before this deadline. Puffer Finance's initiative to double the Puffer points in the new pool is an added incentive for users to make the transition.