Puffer Finance Boosts PUFFER Token Allocation with ETH Staking Incentives

According to a significant update from COINOTAG on October 3, Puffer Finance’s innovative re-staking agreement is set to incentivize further engagement with its forthcoming PUFFTOBER initiative. The event will undergo a snapshot at 20:00 Beijing time on October 5, offering increased allocation of PUFFER tokens. For every incremental 10,000 ETH contributed, the community allocation will experience a 0.1% upsurge. This strategic distribution move designates that 70% of the token increase will be earmarked for new stakeholders, thereby promoting new investments, while 30% will benefit existing users. The meticulous balance in allocation underscores Puffer Finance’s commitment to fostering a robust and inclusive staking community. Investors and stakeholders are closely monitoring this development, which not only enhances the appeal of PUFFER tokens but also aims to bolster the platform’s foundation by engaging both new and existing participants.