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CoinDesk 2025-01-23 13:28:52

Restaking Protocol Puffer Finance Reveals Upcoming Airdrop Details

Liquid restaking protocol Puffer Finance has announced details of its airdrop campaign, which will see users accrue the newly-launched CARROT token that can be converted to PUFFER at the conclusion of season 2 later this year. Users will accumulate CARROT through activities like staking, governance voting and liquidity provision. The protocol currently has $264 million in total value locked (TVL), and the PUFFER token has a $60 million market cap. “Through democratic voting, Puffer community members can support projects, liquidity providers, and content creators that add genuine value to the Puffer ecosystem," said Amir Forouzani, co-founder of Puffer Labs.

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