DeSyn Protocol and Puffer Finance Collaborate to Launch Multi-Restaking Points Fund for pufETH Holders

DeSynDAO
DeSyn Protocol
Published in
4 min readApr 19, 2024

In the ever-evolving realm of decentralized finance, Desyn Protocol and Puffer have joined forces to blaze a trail of innovation, introducing the groundbreaking dpufETH fund. This strategic cooperation represents a harmonious convergence of expertise, poised to redefine the way investors approach Ethereum restaking.

What is the Puffer ETH Restaking Fund (dpufETH)?

At the heart of this cooperation lies the dpufETH fund, a meticulously crafted investment vehicle tailored to cater to the diverse needs of Puffer liquid restaking (pufETH) holders by seamlessly integrating the strengths of Eigenlayer, Puffer, and DeSyn. With APRs ranging from 50% to 300%, this fund offers competitive returns for DeFi users. Additionally, there is the potential to accrue rewards from 1x to 3.15x Points.

Puffer liquid restaking token (pufETH) holders benefit from the dpufETH fund’s innovative offerings. In addition to the Eigenlayer staking and restaking yields and airdrops from Eigenlayer and Puffer, these investors will receive an additional Desyn airdrop. This unique combination exposes them to multiple yield-generating streams, further enhancing their earning potential and providing a competitive edge within the dynamic DeFi landscape.

Branded as the Puffer ETH Restaking Fund I (3x Points), the dpufETH fund is a testament to Desyn Protocol and Puffer’s commitment to maximizing Ethereum restaking returns. This fund enhances returns by combining and overlaying multiple liquid re-staking (LRT) protocols, including Eigenlayer, Puffer, and Desyn. It offers users an exceptional experience in terms of convenience and security.

To embark on this transformative DeFi journey and unlock the full potential of the dpufETH fund, visit dpufETH.

One of the defining features of the dpufETH fund is its open-end model, which empowers users to issue and redeem their funds at any time. This flexibility enables investors to manage their investments effectively and ensures easy access to their funds, fostering a seamless investment journey. Moreover, Desyn’s decentralized asset management infrastructure safeguards users’ funds throughout the entire life cycle of asset management via secure smart contracts, demonstrating an unwavering commitment to security and transparency.

Exciting Event: Restaking Points All-in-One

In a bid to foster a community-driven investment approach and incentivize collective action, Desyn Protocol has introduced an engaging “Restaking Points All-in-One” campaign. This groundbreaking initiative allows contributors to accumulate Desyn Points based on their contributions to the dpufETH fund.

We’ve launched a new feature named “Team Battle,” which allows anyone to take on the team leader role. Team leaders can invite friends, community members, and others through a referral link to join their team and collectively increase their earnings.

Participant Rewards:

Base 3x points for the product, with additional points/rewards varying slightly between products. The joint incentive of Team Leader + DeSyn points (varies among Team Leaders). DeSyn bonus points for the Top 5 Teams on the leaderboard.

Bonus Points:

Alongside the base 3x points, there are incentives set by team leaders and additional bonus points from the DeSyn team based on team performance in the points system. Designed to encourage outstanding teamwork and collaboration.

Team Leader Incentives:

Team leaders receive DeSyn point incentives based on the total points earned by their team’s staked ETH/LRT. An additional percentage of bonus points is awarded when team points reach specified ranges, with the discretion to redistribute these points.

The “Restaking Points All in One” campaign takes a unique approach by encouraging users to create or join teams, amplifying their reward potential through team-based participation. This innovative system nurtures a sense of community and camaraderie within the DeFi ecosystem, fostering a collaborative investment experience that transcends traditional boundaries.

In essence, the dpufETH fund represents a harmonious fusion of innovation, convenience, security, and community engagement. By harnessing the collective strengths of Desyn Protocol and Puffer, this investment vehicle offers a unique opportunity for investors to maximize their Ethereum restaking returns while embracing the principles of decentralization.

About DeSyn Protocol

DeSyn Protocol is an innovative decentralized asset management infrastructure on Web 3, empowering users to securely and transparently create and manage customized pool-based portfolios with various on-chain assets (tokens, NFTs, derivatives, etc.) via smart contract.

Twitter /Discord / Website

About Puffer

Puffer is the first native Liquid Restaking Protocol (nLRP) built on EigenLayer. It introduces native Liquid Restaking Tokens (nLRTs) that accrue PoS and restaking rewards. Nodes within the protocol leverage Puffer’s anti-slashing technology to enjoy reduced risk and increased capital efficiency, while supercharging their rewards through native restaking exposure.

Twitter /Discord / Website

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DeSynDAO
DeSyn Protocol

A decentralized asset management protocol in Web 3, which allows users to create and manage customized pools-based portfolios with a variety of on-chain assets.