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Liquid Restaking Protocol Puffer Raises $18M, Led by Brevan Howard, Electric Capital
🔸The round was led by hedge fund Brevan Howard and venture capital firm Electric Capital.
🔸Puffer, a liquid re-staking protocol, has successfully concluded an $18M funding round.
🔸The protocol aims to streamline staking in decentralized finance (DeFi), boosting returns for investors.
🔸Puffer will allow users to compound their earnings in a liquid way, creating a more efficient process.
🔸The protocol plans to launch in the second quarter of this year.
🔸Brevan Howard, an active DeFi investor, recently backed other crypto projects like Twin Finance and Solana.
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