The KuCoin change has introduced the itemizing of Puffer (PUFFER), a brand new mission aimed toward enhancing Ethereum’s scalability and safety.
In keeping with the announcement, The PUFFER token will likely be out there on KuCoin’s spot market beginning at the 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 at the moment, however withdrawals for PUFFER tokens will likely 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 principal merchandise:
- Puffer LRT: A liquid restaking protocol that permits anybody to take part as a validator.
- UniFi AVS: An actively validated service that gives pre-confirmation for roll-ups.
- UniFi Rollup: A rollup resolution 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 at the moment at midday UTC, KuCoin customers can stake their KCS, USDT, and PUFFER in separate swimming pools to farm PUFFER tokens.
Supply: X
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 every day reward restrict per consumer relies on 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 primarily based on their VIP stage.
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