Puffer Finance presents UniFi and its unifiETH
The ecosystem of #Ethereum✅ has grown enormously in recent years thanks to its rollup-centered strategy, which allows scaling the network through Layer 2 (L2) solutions. However, this approach has also generated fragmentation in the ecosystem, creating challenges such as competition for liquidity, complexity for developers, and the risks associated with bridges between rollups. In response, Puffer Finance presents #UniFi , a base rollup that seeks to unify Ethereum and unlock its full potential.
What is UniFi?
UniFi is a base rollup designed to address the fragmentation issues in Ethereum. This protocol relies on native Ethereum validators to order transactions directly on Layer 1 (L1), eliminating the need for centralized sequencers. Its architecture enables:
- Quick confirmations (100ms): Thanks to the pre-confirmations from Puffer validators.
- Gasless transactions: Through the use of a universal gas token, unifiETH.
- Synchronous composability: Direct interaction between base rollups, removing the reliance on bridges.
What is unifiETH?
unifiETH is the universal gas token in the UniFi ecosystem. It offers significant benefits to users by generating native yields from staking pufETH. This allows assets within the native bridge of the rollup to generate income, mitigating the opportunity cost of holding idle ETH. Additionally, unifiETH supports use cases such as gasless transactions, enhancing the user experience in both web3 and web2 applications.
