CandleFocus

Puffer Finance Reveals Puffer DAO, $PUFFER Coin and $vePUFFER NFT  

Puffer Finance, a prominent player in the DeFi sector, has announced the release of PufferDAO, which aims to establish a more community-driven and decentralized ecosystem with decentralized governance. PufferDAO allows token holders to propose and vote on changes to the platform, increasing transparency and promoting long-term growth. The release of the $PUFFER token and $vePUFFER NFTs are integral to PufferDAO's functioning, serving as native tokens that can be staked for governance and incentives. PufferDAO is focused on strengthening the community of Puffer Finance and empowering consumers to govern various elements of the ecosystem. Stakeholders in the 2nd season have the opportunity to stake $PUFFER to mint $vePUFFER and qualify for rewards.

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