10 Oct 202413:54
Project update
Liquid restaking protocol Puffer introduced its token along with community airdrop
The PUFFER total supply is 1B, with an initial supply of 102.3M (10.23% of total supply). PUFFER token will be based on a vote escrow mechanism, allowing users to stake for vePUFFER - a token with governance rights proportional to their votes.
The project has allocated 7.5% (75M tokens) of supply for "Crunchy Carrot Quest" Aidrop Season 1, with snapshot taken on Oct 1. The second season, currently taking place, will allocate 5.5% of tokens. The airdrop claim process will begin on Oct 14 and remain open until Jan 14.
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