Puffer Finance, a liquid restaking protocol on EigenLayer, has announced the launch of its rollup solution Puffer UniFi. The new rollup addresses liquidity fragmentation on the Ethereum blockchain through a unified liquidity layer.
Puffer UniFi aims to enhance transaction efficiency and economic sustainability through synchronous composability across blockchain applications. When it goes live, this technology is set to improve user experience and bolster cryptocurrency adoption.
Puffer UniFi to Integrate Ethereum’s Security
The Puffer Finance team stated in a news release that the rollup will integrate with Ethereum’s Layer-1 network. This integration allows projects to deploy dApps on their own app-chains, benefiting from Ethereum’s decentralized architecture and security. By leveraging Ethereum, Puffer UniFi will enhance the scalability and reliability of transactions.
Rollups are a scaling solution that mitigates network congestion by processing transactions offchain and bundling them into one transaction finalised on the main layer. UniFi utilizes Layer-1 sequencing and integrates pre-confirmations from Puffer Finance’s restaked validators. This design transitions UniFi from a centralized sequencer to a decentralized network.
"At Puffer, we’re addressing Ethereum’s fragmentation by fundamentally changing how transactions are sequenced for the better of Ethereum," said Amir, a core contributor to Puffer. "UniFi isn’t just another rollup; it’s the catalyst for a unified Ethereum ecosystem, one that delivers the UX to onboard the next billion users."
Puffer Finance announced an $18 million Series A round in April, funding which precedes the mainnet launch.
