The process begins with stakers depositing their ETH during the PufferVault. Then, the vault mints pufETH, a native liquid restaking token representing the user's ETH deposits.
That will help obtain a truly decentralized Ethereum ecosystem, we believe in supporting decentralized LSPs now to reduce centralization pressure on layer-2s Down the road. We hope to view a future the place Puffer’s LSP nodes operate as Element of the decentralized
At Puffer, we've been deeply committed to preserving Ethereum’s decentralized ethos. We aid this by providing liquid restaking solutions to all copyright buyers and empowering Node Operators, the backbone on the Ethereum network. We substantially decrease the entry boundaries to run a validator; Whilst a standard validator has got to stake a 32 ETH bond to take part, Puffer permits anybody to function a validator with as small as 2 ETH.
Puffer's Main goal is to determine a whole new conventional for safe validator operations while preserving Ethereum's decentralization.
Via sturdy slash protection mechanisms and validator tickets, the protocol can give steady benefits and elevated protection for ETH stakers.
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Additionally, the Puffer protocol consists of Guardians, a gaggle of dependable entities that operate as a DAO and are tasked with significant obligations that guarantee The sleek functioning in the Puffer protocol.
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Puffer is defining a fresh sector normal for safe validator functions with the key goal of preserving decentralization. Puffer’s Anti-Slashing technologies are created to reduce the chance of slashing events. Our Secure-Signer technologies puffer finance is introduced to be a general public superior to help shield solo stakers and the broader staking market from correlated slashing penalties.
The protocol introduces a unique thought identified as Validator Tickets (VTs), which act as short-term licenses allowing node operators to engage in staking. This solution cuts down the potential risk of slashing penalties and helps to mitigate the centralization of validator swimming pools.
Safeguards have to be taken to allow the ecosystem to safely and smoothly transition into your ZK-centric foreseeable future. Puffer is using the first ways by extending our anti-slashing technologies to apply ZK-copyright, a multi-proof procedure to improve ZK-rollup safety and support through its nascent stages.
To be a pufETH staker, you can receive rewards from partnered protocols, maximizing the general profitability and attractiveness of participating in our ecosystem.
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This reduced entry prerequisite permits Node Operators to realize similar generate potentials as traditional ETH stakers, enhancing their returns without having major Preliminary financial investment, when simultaneously preserving Ethereum’s framework decentralized and sturdy.