Ethereum re-staking protocol Puffer Finance has announced that PUFFER airdrop will be available on October 14th as it laid down its tokenonomics for the native token.
The official statement from Puffer finance, reveals PUFFER has a total supply of 1 billion and 7.5% of the total supply is used for Crunchy Carrot Quest Season 1 airdrop. As part of the Puffer guild’s commitment, 1% of the total PUFFER supply will support Ethereum core development, with a vesting period of 4 years.
🐡 $PUFFER Tokenomics Breakdown: Empowering the Puffer Community and Beyond 🐡https://t.co/nlv6LAbpGT
It’s almost here! The $PUFFER airdrop goes live on October 14th, 2024, 11 PM UTC Until January 14th, 2025, 11 PM UTC!
Link: https://t.co/ihnAvILDtn$PUFFER is the cornerstone…— Puffer Finance 🐡 (@puffer_finance) October 10, 2024
The blog further states, 40% will be allocated for the ecosystem and community, which in turn will support future airdrop seasons, community incentives, and initial liquidity on exchanges. 5.5% will be used for the second season of the airdrop, 20% for early contributors and consultants, and 26% for investors as they will receive their allocation over 3 years, with a 1-year cliff and 2 years vesting.
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The airdrop claim period is from October 14, 2024 to January 14, 2025, and is available here.
Puffer’s suite of products include Puffer UniFi- a flagship Based Rollup solution, and UniFi AVS, a preconf service for based rollup pre-confirmations. With the $PUFFER token in place, the protocol aims to shape the future of the expanding Puffer ecosystem.
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