Restaking Protocol Puffer Finance Reveals Upcoming Airdrop Details
The protocol has launched CARROT, a token that can be accrued via staking and governance activity.
Jan 23, 2025, 1:28 p.m. UTC
What to know:
- Puffer Finance has launched CARROT, a new token that the community can accrue and eventually convert for a PUFFER airdrop.
- Users can earn CARROT by staking, governance voting and liquidity provision.
Liquid restaking protocol Puffer Finance has announced details of its airdrop campaign, which will see users accrue the newly-launched CARROT token that can be converted to PUFFER at the conclusion of season 2 later this year.
Users will accumulate CARROT through activities like staking, governance voting and liquidity provision.
The protocol currently has $264 million in total value locked (TVL), and the PUFFER token has a $60 million market cap.
“Through democratic voting, Puffer community members can support projects, liquidity providers, and content creators that add genuine value to the Puffer ecosystem," said Amir Forouzani, co-founder of Puffer Labs.