What Is Puffer (PUFFER)?
Puffer is a native liquid restaking protocol (nLRP) built on EigenLayer, designed to enhance the performance and decentralization of Ethereum validators. It allows Ethereum Proof of Stake (PoS) validators to increase their capital efficiency by enabling the use of staked ETH for other operations, such as securing decentralized systems like oracles and sidechains. Puffer addresses key challenges faced by decentralized staking protocols and promotes a more decentralized Ethereum ecosystem by lowering the barrier to entry and incorporating slash protection mechanisms.
How Puffer (PUFFER) Works
Puffer operates through liquid restaking, enabling Ethereum validators to use their staked ETH for various purposes beyond securing the Ethereum blockchain. Users deposit ETH into Puffer's liquid restaking protocol, which is then used to support Ethereum validators. In return, users receive pufETH, a native Liquid Restaking Token (nLRT), representing the staked ETH and accruing Ethereum PoS rewards and additional restaking rewards from EigenLayer. Puffer also introduces Validator Tickets (VTs) as ERC20 tokens that grant holders the right to run validators, providing a more stable return for stakers. Validators and stakers earn rewards from Ethereum PoS rewards and EigenLayer restaking rewards, enhancing the earning potential for validators and providing liquidity to stakers holding pufETH. Furthermore, validators in Puffer can restake their ETH to perform additional duties, such as running decentralized services, generating restaking rewards. Puffer's permissionless design allows anyone to participate, lowering the entry barrier and decentralizing the network.
How to Buy Puffer (PUFFER)
Consider investing in Puffer (PUFFER)? It only takes 2 minutes to create an account on Bitget and start trading PUFFER.
Check out the available PUFFER trading pairs on Bitget!
Spot market
Puffer (PUFFER) Resources
Simple 3-step guide to buying PUFFER today in Guernsey
Create your free Bitget account
Select a funding method
Complete your Puffer purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Puffer using a payment method of your choice:
Buy Puffer with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Puffer order.
How to buy crypto with credit/debit cardBuy Puffer with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Puffer is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Puffer order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your Puffer order.Buy Puffer with the fiat balance in your Bitget account
You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Puffer order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor Puffer in your Bitget spot wallet
Bitget—where the world trades Puffer
How to buy Puffer for free
- Learn how to earn Puffer for free through the Learn2Earn promotion
- Earn free Puffer by inviting friends to join Bitget's Assist2Earn promotion
- Receive free Puffer airdrops by joining ongoing challenges and promotions
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FAQ
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Bailiwick of Guernsey is an island country situated in the English channel, one of the Crown Dependencies. The country has a total area of 78 km2, a population of 67,334 people, English as the only official language, and two official currencies (British pound and Guernsey pound).
The country has a humid and pleasant oceanic climate. Victor Hugo lived here for a while and wrote his best-known works, including Les Misérables. His house is now preserved as a museum and is open for public visit. If you consider paying Guernsey a visit, some recommended destinations are Castle Cornet, Victor Hugo House, The Little Chapel, Candie Gardens, and Beaucette Marina.
When in Guernsey, you can write masterpieces like Victor Hugo while sparing a few seconds a day investing in Puffer(PUFFER) and other coins with Bitget. The exchange focuses on security and user experiences, making trading as easy as possible for every one while maintaining the highest level of safety. There are a lot of payment methods available, including P2P trading, crypto deposits, and other third-party merchants such as Apple Pay, Google Pay, and different credit card services.