Your Guide to Claiming $PUFFER Rewards

Puffer Finance -

Yesterday, we provided a brief introduction to $PUFFER — our governance token for all Puffer products and services, as well as the vePUFFER Governance Mechanism. As we march towards our TGE, we would now like to provide an in-depth look at the $PUFFER tokenomics, the vesting and distribution schedule.

Highlights

  • Airdrop Allocation: 75 million $PUFFER tokens (7.5% of the total supply) are allocated for the Crunchy Carrot Quest Season One airdrop.
  • Supporting Ethereum Development: 1% of $PUFFER's total supply is pledged to support Ethereum core development over a 4-year vesting period.

Expanding the Puffer Ecosystem

Originally recognized as a Liquid Restaking Protocol, Puffer has significantly broadened its horizons. Our ecosystem now includes:

  • Puffer UniFi: Our flagship based rollup solution.
  • UniFi AVS: A pioneering preconfirmation service for based rollup preconfirmations.

The $PUFFER token is pivotal in shaping the future of this expanding ecosystem, enabling community-driven governance and innovation.

Our Commitment to Decentralization and Community Governance

We remain dedicated to building a trustless, decentralized, and community-governed protocol. To ensure our growth aligns with the community's vision, we've established the Puffer Foundation. While the Foundation provides initial guidance, ultimate authority rests with you—the community—through transparent governance mechanisms.

$PUFFER Tokenomics Overview

  • Token Ticker: $PUFFER
  • Total Supply: 1,000,000,000
  • Initial Circulating Supply: 102,300,000 (10.23%)

Distribution and Vesting Schedule

Our distribution strategy reflects our core values of decentralization, inclusivity, and sustainable growth.

1. Ecosystem & Community (40%)

Allocated to initiatives that foster a dynamic and engaged ecosystem, including:

  • Future airdrop seasons
  • Community incentives
  • Initial liquidity on exchanges

2. Protocol Guild (1%)

Aligned with our Protocol Guild Pledge, 1% of the total $PUFFER supply supports Ethereum core development over 4 years. This contribution strengthens Ethereum's security and scalability, benefiting the broader ecosystem.

3. Airdrop Season 1 (7.5%)

Dedicated to rewarding early supporters from the Crunchy Carrot Campaign:

  • 50% available immediately
  • 50% vested over 6 months (for larger depositors)

4. Airdrop Season 2 (5.5%)

Allocated for participants of Crunchy Carrot Quest Season Two, which commenced after our Season 1 snapshot on October 5, 2024.

5. Early Contributors & Advisors (20%)

Reserved for the core team and advisors:

  • Vesting Period: 3 years
  • Cliff: 1 year

6. Investors (26%)

For those who provided essential resources and support:

  • Vesting Period: 3 years
  • Cliff: 1 year
  • Subsequent Vesting: Over the next 2 years

Claim Your $PUFFER Tokens

Our community's trust and enthusiasm have been the cornerstone of our growth. To express our gratitude, we're allocating 7.5% of the total $PUFFER supply for community initiatives.

Eligibility and Snapshot

  • Snapshot Date: October 5, 2024
  • Claiming Period: October 14, 2024, to January 14, 2025

How to Claim

  1. Visit: https://claims.puffer.fi
  2. Connect your wallet.
  3. Follow the on-screen instructions to claim your tokens.

Important: Only use the official Puffer website to claim your tokens. Be cautious of scams and phishing attempts.

Join Crunchy Carrot Quest Season Two

The adventure continues! Earn more points and increase your rewards by participating in Season Two.

Shape Puffer's Future

The launch of $PUFFER is a significant milestone. We're excited to have you with us as we innovate and unify the Ethereum landscape. Your active participation is crucial in this journey toward a decentralized future.

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