Puffer Finance: everything you need to know about PUFFER
Axel has been immersing himself in the world of crypto and blockchain for quite some time, which he then translates into understandable articles.
Puffer Finance facts
Abbreviation
PUFFER
Category
Decentralized Finance (DeFi)
Founder(s)
Amir Forouzani, Jason Vranek
Blockchain
Ethereum
Protocol
Liquidity Pools, Yield Farming.
Launch date
2023
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What is Puffer Finance?
Puffer Finance is a decentralized finance (DeFi) platform that focuses on providing liquidity and earning yields. Users can stake their cryptocurrency and receive rewards by providing liquidity to different trading pairs. Puffer Finance utilizes smart automation, making it easier for users to earn passive income in the DeFi world.
How does Puffer Finance work?
Puffer Finance allows users to deposit their crypto into special "pools". These pools provide liquidity, helping to facilitate easy trading of crypto. In exchange for depositing their crypto, users earn rewards in the form of transaction fees and additional tokens. The system is open to everyone; you do not need permission from a third party to participate.
The PUFFER token.
The native token of Puffer Finance is PUFFER. This token is used to reward users providing liquidity and is also used for governance purposes. PUFFER holders can vote on important decisions related to the future of the platform, such as upgrades and protocol changes.
The technology behind Puffer Finance
Puffer Finance operates on the Ethereum blockchain. It uses smart contracts, which are automatic agreements executed without human intervention. Because the platform is decentralized, nobody can shut it down or censor it.
The Puffer Finance ecosystem
The ecosystem of Puffer Finance includes multiple liquidity pools, where users can deposit various tokens to earn rewards. The platform continues to expand by partnering with other DeFi projects and introducing new liquidity options.
€0.5202▲2.58%
Advantages of Puffer Finance.
- Decentralization: Puffer Finance is fully decentralized, which means there is no central authority.
- Rewards: Users can generate passive income by participating in liquidity mining.
- Accessibility: Everyone can participate in the platform without the need for approval from third parties.
Disadvantages of Puffer Finance
- Risk of volatility: The value of the tokens can fluctuate greatly, which poses risks for investors.
- Complexity: DeFi can be complicated for beginners, making it difficult to navigate.
Who is the founder of Puffer Finance?
Puffer Finance was co-founded by Amir Forouzani and Jason Vranek.
Expectations for the near future
Experts expect a minimum price of €1.61 in 2026 and a minimum price of €5.33 in 2031.
Puffer Finance price in the last 24 hours
View all key statistics of the past 24 hours here.
€0.5091
€0.5335
€0.4792
Market information
Use these figures to get a better picture of the Puffer Finance market.
€52.4 million
€52.1 million
102.3 million
€0.8240
Puffer Finance Return On Investment
See how much the price has risen or fallen over the years.
Historical Puffer Finance price
Here you can see Puffer Finance's daily prices, trading volume and market cap. Looking for a specific date? You can fill in the range all you want. Maybe you'll spot the one trend!
| Date | Price | Volume | Marketcap |
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Most popular crypto currencies today
Frequently asked questions
Puffer Finance doesn't have a fixed value because the exchange rate is always in motion. Whenever you get distracted or even blink, it has already changed. Right now, the value of Puffer Finance is €0.5202.
You can easily buy Puffer Finance on BLOX! Quickly download the app, and within two minutes, you'll have your own crypto portfolio with Puffer Finance and your other favorite coins.
So much is happening in the crypto market that it's sometimes difficult to stay continuously informed. That's why we've already taken a look at the expectations for you. According to experts, the value of PUFFER is expected to continue rising steadily in the coming years. For instance, the price of Puffer Finance is predicted to reach €1.42.
We don't have a crystal ball either, so it's up to you to decide whether you want to invest in PUFFER. We can only recommend once again that you thoroughly research the market and only invest what you're willing to lose.
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