KuCoin Lists Puffer (PUFFER) for Ethereum Scaling

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  • KuCoin has listed Puffer (PUFFER), beginning buying and selling right this moment paired with USDT.
  • Customers can take part in a GemPool marketing campaign to farm PUFFER tokens and earn rewards.
  • The Puffer ecosystem goals to boost Ethereum's scalability and safety by progressive merchandise

The KuCoin trade has introduced the itemizing of Puffer (PUFFER), a brand new mission geared toward enhancing Ethereum's scalability and safety.

Based on the announcement, The PUFFER token might be out there on KuCoin's spot market beginning right this moment at 12:00 PM UTC, paired with USDT. KuCoin is at the moment accepting deposits of PUFFER tokens by way of the Ethereum ERC20 community.

Buying and selling begins right this moment, however withdrawals for PUFFER tokens might be out there on Tuesday, October 15, 24 hours after buying and selling begins.

Puffer's Ecosystem: A Trio of Merchandise for Ethereum

The Puffer ecosystem has three essential merchandise:

  • Puffer LRT: A liquid restaking protocol that permits anybody to take part as a validator.
  • UniFi AVS: An actively validated service that provides pre-confirmation for roll-ups.
  • UniFi Rollup: A rollup answer that makes use of Ethereum's safety to enhance scalability.

These merchandise work collectively to enhance Ethereum's infrastructure and efficiency.

Puffer Marketing campaign to Earn Free Tokens

KuCoin is launching a marketing campaign for PUFFER, that includes it in its GemPool and giving customers the possibility to farm the token and earn free cash. Beginning right this moment at midday UTC, KuCoin customers can stake their KCS, USDT, and PUFFER in separate swimming pools to farm PUFFER tokens.

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PUFFER has a complete provide of 1 billion tokens. The KuCoin GemPool will give out a complete of 750,000 PUFFER tokens as rewards. The marketing campaign will final for seven days, ending at 12:00 PM (UTC) on October 21.

To take part in staking, customers want to finish KYC verification on KuCoin. The day by day reward restrict per consumer depends upon the pool.

For the USDT pool, the restrict is 12,000 PUFFER, with a complete reward pool of 300,000 PUFFER. The KCS pool has a restrict of 10,000 PUFFER per consumer and a complete reward pool of 250,000 PUFFER. The PUFFER pool has a restrict of 8,000 PUFFER and a complete reward pool of 200,000 PUFFER.

Moreover, KuCoin customers who take part within the GemPool and get all of the quiz solutions proper will get a ten% bonus. VIP customers within the GemPool additionally get particular bonuses based mostly on their VIP degree.

Disclaimer: The knowledge introduced on this article is for informational and academic functions solely. The article doesn’t represent monetary recommendation or recommendation of any form. Coin Version will not be liable for any losses incurred on account of the utilization of content material, merchandise, or providers talked about Readers are suggested to train warning earlier than taking any motion associated to the corporate.