KEY TAKEAWAYS
- Puffer Finance launches PUFFER Season 2, enhancing decentralization and community governance.
- The new phase introduces a community-driven rewards system, empowering vePUFFER holders to influence reward distribution.
- The $CARROT token, an ERC20 token, is introduced as a claim ticket for future PUFFER tokens, promoting transparency and participation.
- Season 2 aims to foster innovation, liquidity, and community growth through a decentralized decision-making process.
Puffer Finance has announced the launch of PUFFER Season 2, marking a significant step towards decentralization and community-driven governance. This new phase is designed to enhance the role of the PUFFER governance token within the ecosystem, which includes the Liquid Restaking Protocol, UniFi, and UniFi AVS.
Season 2 introduces a community-driven rewards system, empowering vePUFFER holders to influence how rewards are distributed across the ecosystem. This includes support for liquidity providers, developers, content creators, and new integrations. The initiative aims to foster growth and innovation while reinforcing decentralization.
Community-Driven Rewards and $CARROT Token
A key feature of Season 2 is the introduction of the $CARROT token, an ERC20 token with a supply of 100 million. This token acts as a claim ticket for future PUFFER tokens. Each week, $CARROT is distributed based on votes by vePUFFER holders, allowing community members to earn rewards that reflect their contributions to the ecosystem.
The new system replaces the previous off-chain Puffer Points, emphasizing a transparent and decentralized process. Rewards are distributed daily, based on community voting results, promoting a participatory approach to governance.
Shaping the Future of Puffer
PUFFER Season 2 is not just about rewards; it is about shaping the future of the Puffer ecosystem. By enabling decisions through a transparent and decentralized process, the initiative supports innovation, liquidity, and community growth. Participants are encouraged to lock their PUFFER tokens and engage in the voting process to influence the ecosystem’s direction.
For more information on PUFFER Season 2 and the $CARROT token, visit the official announcement here.
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