{"id":30797,"date":"2024-10-11T13:00:26","date_gmt":"2024-10-11T10:00:26","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=30797"},"modified":"2024-10-11T09:43:56","modified_gmt":"2024-10-11T06:43:56","slug":"binance-and-coinbase-supported-project-introduced-puffer-token-and-made-airdrop-announcement","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/binance-and-coinbase-supported-project-introduced-puffer-token-and-made-airdrop-announcement\/","title":{"rendered":"Binance and Coinbase Supported Project Introduced PUFFER Token and Made Airdrop Announcement!"},"content":{"rendered":"<p>Puffer Finance, supported by Binance and Coinbase, introduced its native token PUFFER and shared the airdrop details.<\/p>\n<h2>Puffer Finance Announceded Airdrop<\/h2>\n<p>Puffer Finance, a re-staking protocol developed for the Ethereum network, launched the PUFFER token, which will be released to the market with a total supply of 1 billion.<\/p>\n<p>The project also announced the airdrop with the launch of the PUFFER token and announced the details of the process. The airdrop demand period will start on October 14, 2024 and end on January 14, 2025. Initially, 102.3 million units of the total supply of 1 billion units will be on the market.<\/p>\n<p><strong>The airdrop distribution will be carried out in two stages, and the project team has stated the distribution of PUFFER tokens as follows:<\/strong><\/p>\n<ul>\n<li>40% for the ecosystem and community,<\/li>\n<li>13% for airdrops,<\/li>\n<li>1% for Ethereum core developers,<\/li>\n<li>20% for early adopters and advisors,<\/li>\n<li>26% for investors<\/li>\n<\/ul>\n<p>In addition, based on the snapshot on October 1, 7.5% of the total supply (75 million tokens) will be allocated for the first season of the airdrop campaign called &#8220;Crunchy Carrot Quest&#8221; and 5.5% for the second season.<\/p>\n<p><em>Might interest you: <a href=\"https:\/\/coinengineer.net\/blog\/what-is-babydoge\/\">What is BabyDoge?<\/a><\/em><\/p>\n<p>In addition to the PUFFER token, there will be another token called PUFFER, which provides a staking and voting mechanism. This token will be used to determine the voting power of users.<\/p>\n<p>Puffer raised $18 million in a Series A funding round led by Brevan Howard Digital and Electric Capital in April. While important names such as Coinbase Ventures and Kraken Ventures also participated in this round, Puffer also received investment from Binance Labs in 2024.<\/p>\n<hr \/>\n<p><em>You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0<a href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Telegram,\u00a0<\/strong><\/a><a href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>YouTube<\/strong><\/a>,\u00a0and\u00a0<a href=\"https:\/\/twitter.com\/coinengineers\"><strong>Twitter<\/strong><\/a>\u00a0channels for the latest news and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Puffer Finance, supported by Binance and Coinbase, introduced its native token PUFFER and shared the airdrop details. Puffer Finance Announceded Airdrop Puffer Finance, a re-staking protocol developed for the Ethereum network, launched the PUFFER token, which will be released to the market with a total supply of 1 billion. The project also announced the airdrop<\/p>\n","protected":false},"author":6,"featured_media":11872,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[22,8979,151,4026,8978,4346],"class_list":["post-30797","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-genel","tag-binance","tag-binance-puffer","tag-coinbase","tag-puffer","tag-puffer-coinbase","tag-puffer-finance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Binance and Coinbase Supported Project Introduced PUFFER Token and Made Airdrop Announcement! - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/binance-and-coinbase-supported-project-introduced-puffer-token-and-made-airdrop-announcement\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Binance and Coinbase Supported Project Introduced PUFFER Token and Made Airdrop Announcement! - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"Puffer Finance, supported by Binance and Coinbase, introduced its native token PUFFER and shared the airdrop details. 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