xPufETH (Base)
xPufETH
xPufETH is a liquid restaking token that is bridged through Connext network.
Risk Rating
Average
What is xPufETH (Base)?
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Blockchain
- Base
Info
- Asset Type: ERC-20
Key Metrics
Risk Assessment
Average
Asset Strength
xPufETH is a low-cap, fully collateralized asset. This asset is exposed to the underlying risks of Puffer and Connext, which are protocols rated as Good and Average, respectively.
Dependencies
Asset Tokenomics
xPufETH has an uncapped supply but has inflation control or burn mechanisms in place. xPufETH is backed by PufETH locked in the Connext bridge on the Ethereum chain. PufETH is a liquid restaking token (LST) to earn ETH staking yield and EigenLayer rewards.
Things to know about xPufETH
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