Gate.io will start trading Puffer Finance’s PUFFER token on October 14th at 20:00 UTC+8. Along with the token listing, Gate.io will launch a mining event for the PUFFER token on its Startup Mining platform.
The event will start at the same time as the token listing and will run until October 21st. During this period, participants can engage in mining activities. A total of 1.5 million PUFFER tokens will be distributed to users who stake either GT (GateToken) or PUFFER tokens.
The Startup Mining platform, which hosts the event, allows participants to stake or provide liquidity and earn new project tokens. A key feature of the platform is “Multi-Mining,” which enables users to stake a single asset in various pools to earn multiple tokens simultaneously.
This feature currently supports GT holders and aims to enhance asset management flexibility and maximize investment returns.
Puffer Finance has been focusing on Ethereum infrastructure, particularly with advanced rollup solutions like the Based Rollups supported by liquidity restaking (LRT) and pre-confirmation technology AVS. These innovations aim to strengthen Ethereum’s decentralization while maintaining its credibility and neutrality.
The PUFFER token is crucial to the Puffer Finance ecosystem, serving as a governance token that allows holders to influence decisions concerning protocol parameters, fee structures, and security policies.
With a total supply capped at 1 billion tokens and an initial circulation of 102.3 million, PUFFER’s distribution plan emphasizes community engagement with 40% dedicated to ecosystem and community initiatives.
Apart from trading and mining opportunities, Puffer Finance is preparing for a PUFFER token airdrop, which will be open for claims in the upcoming week