Puffer Finance Plan Q4 for TGE
Puffer Finance has released the latest roadmap update. According to the announcement, Puffer plans to conduct a Token Generation Event (TGE) early in the fourth quarter of this year to launch the governance token PUFI. PUFI will serve as the governance token for UniFi AVS, UniFi Rollup, and Puffer LRT. In addition, Puffer said that the current lock-up volume (TVL) exceeds 500,000 ETH and the ecosystem continues to grow. More than 5,000 node operators have contributed to its decentralized infrastructure.
The planned launch of UniFi AVS by the end of August is the first AVS to power UniFi-based rollups and provide pre-confirmation for L2 transactions.
The Puffer UniFi rollup testnet will go live in September as the first atomically composable rollup, allowing users to instantly withdraw funds back to L1 within the same block.
Puffer Restaking V2 is scheduled to launch early in the fourth quarter and will introduce advanced features such as fast path rewards, global forced anti-slashing, and reduce node operators' collateral requirements by 50%.
The withdrawal system will be available early in the fourth quarter.