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Cryptocurrency News Articles
Gate.io Will List Puffer (PUFFER) for Trading on October 14, 2024, at 20:00 (UTC+8)
Oct 14, 2024 at 01:20 pm
Leading cryptocurrency trading platform, Gate.io, will list Puffer (PUFFER) for trading on October 14, 2024, at 20:00 (UTC+8).
Panama - Oct 11th, 2024 - As part of its ongoing commitment to supporting innovative projects in the cryptocurrency space, Gate.io is pleased to announce the listing of Puffer (PUFFER) for trading on October 14, 2024, at 20:00 (UTC+8).
With a focus on next-generation rollup solutions, known as Based Rollups, Puffer has emerged as a leading innovator in the Ethereum infrastructure space. These solutions are designed to enhance scalability, reduce costs, and maintain decentralization, addressing critical challenges faced by the network.
Puffer's unique approach involves integrating liquidity restaking (LRT) and pre-confirmation technology, called AVS, into its rollup architecture. This enables seamless integration with decentralized applications (dApps) on Ethereum, while optimizing gas costs and transaction throughput.
Among Puffer's standout products are the Puffer UniFi Rollup, a fully decentralized and permissionless rollup, and the Puffer UniFi AVS, a pre-confirmation aggregation service (PAPS) that supports various rollup constructions. Together, these offerings aim to help decentralize Ethereum and maintain its credible neutrality.
In addition to listing PUFFER for trading on its main exchange, Gate.io will also launch a PUFFER mining event on its Startup Mining platform. This event will offer users the opportunity to earn project tokens as rewards by staking either GT or PUFFER.
The following provides a summary of the event details:
Startup Mining: Puffer (PUFFER) Staking Event Details
Startup Mining, an innovative feature introduced by Gate.io, allows users to participate in staking or providing liquidity to earn new project tokens as rewards. By staking specified tokens, users can benefit from participating in the early stages of projects and stand to gain significant token rewards.
“Multi-Mining” Capability for Maximizing Rewards
The PUFFER mining event will notably support the latest “Multi-Mining” feature of Startup Mining. This feature enables users to earn multiple new token rewards by holding a single asset in different staking pools simultaneously.
Users can participate in multiple mining pools and earn rewards from multiple projects at the same time. This feature allows users to manage their assets more efficiently and flexibly, enjoy more earning opportunities, and maximize their returns. Currently, Startup Mining supports “Multi-Mining” for GT holders.
Through the listing of PUFFER trading and mining activities, Gate.io aims to provide users with more diverse investment options and participation opportunities.
For more details about the event and how to participate, please visit the Gate.io official website or look for the latest announcements on the platform.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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