Positive news for Puffer Finance, which has surpassed 850 million dollars in total locked value (TVL) in its smart contracts, since its launch on February 1st.
Currently, it ranks as the second most important liquid restaking protocol on Ethereum. Let’s see all the details below.
Puffer Finance establishes itself as a leader in liquid restaking: TVL news
As anticipated, the total locked value (TVL) in Ethereum’s liquid restaking protocol, Puffer Finance, has reached $850 million, positioning it as the second largest protocol in its category.
Launched on February 1st, Puffer Finance offers users the opportunity to deposit ether and receive a liquid staking token, generating returns through ETH staking and restaking.
This process involves staking the same ETH on multiple protocols to obtain additional yields.
On the first day, Puffer Finance recorded a TVL of 146 million dollars, according to DefiLlama. In just a few days, it surpassed similar projects like Renzo and Kelp DAO,
We współpracy z: https://en.cryptonomist.ch/2024/02/12/news-for-puffer-finance-with-a-tvl-of-850-million-the-second-liquid-restaking-protocol/
