According to PANews, Puffer Finance, an Ethereum liquidity pledge protocol, has officially launched its mainnet on the X platform. This launch marks the fourth chapter of the Crunchy Carrot mission. Users can now deposit ETH, stETH, or wstETH. The fourth chapter of Crunchy Carrot is set to roll out soon, promising an improved scoring system.
Puffer Finance also expressed concerns about the potential threats of LST's over-centralization to Ethereum's decentralization. This could lead to risks such as transaction censorship, manipulation of MEV extraction, and impacts on block time. These actions pose a threat to the integrity of the network and its decentralization. To address this issue, all stETH deposits will be converted to ETH in the coming weeks, providing funds for a new wave of diversified validators.
