KuCoin Launches Puffer (PUFFER) for Ethereum Scaling

• KuCoin has listed Puffer (PUFFER) which begins buying and selling paired with USDT at the moment.
• Customers can take part within the GemPool marketing campaign the place they farm PUFFER tokens and earn rewards.
• The Puffer ecosystem goals to enhance the scalability and safety of Ethereum by way of progressive merchandise

The KuCoin trade has introduced the launch of Puffer (PUFFER), a brand new undertaking geared toward bettering the scalability and safety of Ethereum.

In response to the announcement, the PUFFER token shall be accessible on KuCoin's spot market beginning at the moment at 12:00 UTC, paired with USDT. KuCoin at present accepts deposits of PUFFER tokens by way of the Ethereum ERC20 community.

Buying and selling begins at the moment, however withdrawals of PUFFER tokens shall be accessible 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 important merchandise:

• Puffer LRT: A liquid replenishment protocol that permits anybody to take part as a validator.
• UniFi AVS: An actively verified service that provides pre-confirmation for roll-ups.
• UniFi Rollup: A rollup answer that leverages Ethereum's safety to enhance scalability.

These merchandise work collectively to enhance Ethereum's infrastructure and efficiency.

Puffer Marketing campaign to get free tokens

KuCoin is launching a marketing campaign for PUFFER, itemizing it in its GemPool and giving customers the chance to farm the token and earn free cash. Beginning at the moment at midday UTC, KuCoin customers can stake their KCS, USDT and PUFFER into separate swimming pools to farm PUFFER tokens.

PUFFER has a complete provide of 1 billion tokens. KuCoin GemPool will give away a complete of 750,000 PUFFER tokens as rewards. The marketing campaign will run for seven days and can finish on October twenty first at 12:00 UTC.

So as to take part in staking, customers should full KYC verification on KuCoin. The every day reward restrict per consumer is determined by 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 in GemPool and reply all quizzes accurately will obtain a ten% bonus. VIP customers in GemPool additionally get particular bonuses primarily based on their VIP degree.