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Puffer Finance Launches $PUFFER Governance Token with Community Airdrop and Initial Supply of 102.3M

Oct 10, 2024, 01:39 PM

Puffer Finance has announced the launch of its $PUFFER governance token, marking a significant step towards decentralization. The launch will initiate Puffer DAO, empowering the community to shape the protocol's future. The $PUFFER token will have a total supply of 1 billion, with an initial supply of 102.3 million tokens. The token will be based on a vote escrow mechanism, allowing users to stake for vePUFFER. Puffer Finance has also committed to supporting Ethereum Layer 1 research and development by taking the Protocol Guild Pledge. Additionally, the launch includes a community airdrop, and participants can expect a reward ahead.