🧵 Protocol of the Day: @puffer_finance

$Puffer is a liquid restaking protocol built on EigenLayer, enabling anyone to access ETH staking and restaking yield via its pufETH token.

✅ Pros:
• Democratizes access to native restaking, no need to run your own validator
• Dual yield, earn staking + restaking rewards in one liquid token (pufETH)
• Validator Tickets (VTs) allow node operators to run 32 ETH validators without upfront capital
• Smart contracts audited by SlowMist and BlockSec

⚠️ Risks:
• Smart contract stack risk – Users are exposed to Eth2, $Puffer, and EigenLayer contracts
• Centralization risk – Protocol upgrades controlled by <4 multisig signers
• Slashing – Like all staking protocols, validators are exposed to potential slashing penalties