Puffer Finance, an Ethereum-based liquid staking project, raised $18 million in a Series A funding round led by Brevan Howard Digital and Electric Capital. The project aims to reduce the barrier to entry for individual stakers by allowing Ethereum validators to stake with just 1 ETH, while also enabling them to farm yields in other DeFi protocols. With a total value locked of over $1.2 billion, Puffer Finance’s liquid staking solution has garnered strong demand, contributing to the overall health and resilience of the Ethereum network.
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