A Binance-Backed Dimension to Eigenlayer: Puffer Finance

EigenLayer üzerine inşa edilen ve Ethereum likit stake protokolü olan Puffer Finance, 30 Ocakta Binance Labs’ten yatırım aldığını duyurdu.

Along with the investment announcement, it also started allowing users to stake stETH, a liquid staking token issued by Lido, and wstETH into its protocol. This means that as of the time of writing, Puffer Finance has attracted $440 million worth of staked ETH, taking a big slice of the market pie. To compare with its competitors, ether.fi, which has been active in the market for almost 1 year, has 720 million tvl.
Puffer Finance aims to diversify the set of validators to reduce Ethereum's Proof of Stake density and solve the challenges faced by individual validators. The project targets two main types of customers: general users and individual validators who do not have 32 ETH. Puffer Finance offers general users the opportunity to create pufETH and earn profits by staking ETH. It also allows validators to run a Puffer node with just 2 ETH, instead of the 32 ETH required to run an Ethereum node. This provides an advantage in the early stages of the project. Puffer Finance is targeted to be running at full capacity by the end of the year. During this time, users will have to lock Lido's stETH in order to generate pufETH. The generated pufETH can be converted to ETH and rejoin validators. This system aims to reduce Lido's market dominance and increase the amount of ETH staked, as well as increase the amount of ETH available.
In order to get a bigger piece of the pie this phase, Puffer announced that 2x more points will be awarded for deposits made by February 9th. As expected, this point system will be important for the upcoming puffer finance coin airdrop. So, my strategy at this stage is to use Eigenlayer through Puffer Finance in order to get an airdrop from Puffer Finance as well as the big Eigenlayer airdrop expected to be released in Q3. In the previous Eigenlayer staking period, I invested via swell, but since too many people participated via swell, I no longer expect airdrops from there. If you have a relatively low budget and want to join the eigenlayer from somewhere, you can consider Puffer as the first option. Because I deposited 520 dollars with my second account and I'm in 3326th place (I know another account is in 7600th place with 175 dollars)
Finally, the fact that it is supported by Binance and gives good rankings even for low amounts attracts me compared to other platforms. According to Cryptoloss' post today, Puffer's token Kols is being sold with 100m fvd in the round. This means that even if I don't get anything from eigenlayer, I would do this transaction just for the puffer airdrop. Also, don't hesitate to be in Eigenlayer from the edge, the last time there was 77k wallets in Eigenlayer. The number of wallets that Arbitrum airdropped was 625k.

So, how can we participate?

The easiest way is like this: You get stETH from okx or bybit. You will pull it to the eth network to the wallet. Then you go to Puffer from this link, connect twitter and wallet and register. Then you can choose puffer as a family, it doesn't matter for now. Then you can finish the process by converting stETH to pufETH. Don't miss the 2x points potential until February 9th. Gas fee is this much: Okx withdrawal is 3 dollars. converting to pufETH is currently around 15 dollars.

IF YOU REGISTER AND STAKE FROM THE LINK I THREW, I WILL GIVE YOU 2K BULB TOKENS PER PERSON. JUST LET ME KNOW THAT YOU DID IT BY WRITING YOUR TWITTER ADDRESS IN THE COMMENTS... (When you register, my references appear on my page)