The restaking track, which has been on an upward trend since last year, is almost coming to an end with the TGE of Puffer @puffer_finance;
But in fact, Puffer, who is in the staking track, is promoting a grander narrative of being a decentralized infrastructure provider for Ethereum.
Puffer is no longer a single liquidity re-staking platform, but has been upgraded to an ETH decentralized infrastructure provider. The launch of Puffer UniFi is not just Puffer's intention to build an L2, but an L1-native Rollup liquidity aggregation solution.
1️⃣ What are Puffer’s main technical core and online performance?
1) First, let’s talk about what Puffer has to do:
In fact, many people do not understand Puffer; they think that it is currently just a re-staking agreement. In fact, this is part of its function. Puffer’s major change lies in the comprehensive construction of the Based Rollup solution.
Puffer UniFi (flagship Based Rollup solution) and UniFi AVS (the first Rollup-based pre-confirmation configuration service) are becoming the core infrastructure for reshaping ETH to become great again.
Puffer's three pillars, Puffer LRT, Puffer UniFi, and UniFi Preconf AVS, are not independent narratives, but an interlocking engineering design. The final service terminal is mainly Puffer UniFi.
Puffer UniFi is not a simple L2 solution, but a comprehensive construction of the Based Rollup solution. It is expected to lead ETH to glory again. Its value and significance are undoubtedly extraordinary!
Advantages from a technical perspective:
UniFi AVS (Actively Validated Services):
Puffer introduces an unprecedented transaction processing method through UniFi AVS, achieving extremely low-latency transaction confirmation times (reaching 100 milliseconds) by pre-confirming Layer 2 transactions. This innovation not only improves the real-time nature of transactions, but also significantly enhances the scalability of the Ethereum network.
Based Rollup technology:
Puffer's UniFi rollup solution represents the next generation of Ethereum-based Layer 2 technology, not only providing fast L1 withdrawals, but also allowing sub-second transactions. This is especially important for DeFi applications because it improves user experience while reducing transaction costs.
Restaking 2.0:
The upcoming Puffer Restaking V2 introduces features such as Fast Path Rewards and Globally Enforced Anti-Slashers, which not only optimize the interests of validators and node operators, but also lower the barrier to entry by reducing collateral requirements, enhancing the security and scalability of the ecosystem.
By solving the scalability and security issues of the Ethereum network through innovative technology, Puffer has not only created market competitiveness for itself, but also contributed to the healthy development of the entire Ethereum ecosystem. This means that with the growth of DeFi and more decentralized applications, Puffer is expected to gain a larger market share and further demonstrate its economic advantages.
In summary, the biggest advantage of the Puffer project is that its technological innovation can solve the main challenges currently faced by Ethereum and other blockchain networks, such as scalability, transaction speed and decentralized governance, while its economic model promotes long-term ecosystem health and user participation. The combination of these two advantages gives Puffer unique competitiveness and development potential in the market.
So in fact, Puffer has carved out a path in the crowded Restaking race based on the interests of Ethereum, and has become a leader in ETH development that has integrated and coordinated the interests of all parties.
2️⃣ Let’s talk about Puffer’s performance and future after its launch
The launch was actually quite disappointing, and the market was mostly critical; we can look at this criticism from two sides:
First of all, the page crashed and people were unable to claim the airdrop in time. Secondly, the number of airdrops claimed was criticized, and it was natural to be attacked by everyone. I was also very anxious when I claimed the airdrop.
This is an undoubted failure;
Secondly, let’s look at the price objectively. It quickly dropped to 0.3 after it went online. It rebounded to 0.95 yesterday and now it has returned to 0.5 and is trading sideways.
I think this explains two things:
First, the rapid rebound proves that many people still value Puffer's financing background and its Rollup-based solution and pre-confirmation technology UniFi AVS; so the bottom-fishing army is still very determined; indeed, when it fell to 0.3, the circulating market value was only 30 million US dollars, which is definitely worth buying;
Second, the current wide range of 0.5 is fluctuating sideways, and it may fluctuate for a while. This is in line with the expectations of most people. The airdrop party and the points income chips must be handed over here, and then pulled up; according to the circulating market value and Puffer’s technical prospects and popularity overseas, I think there is still hope;