The protocol is currently focused on bridging the liquidity gaps between different Ethereum layer-solutions.
Puffer Finance, a liquid staking derivatives (LSD) project built on Ethereum restaking protocol Eigenlayer, will partner with the Ethereum Foundation to jointly develop base rollups after previously securing an $18 million Series A funding round to launch its mainnet.
Rollups are scaling solutions that reduce the burden of layer-one blockchains by processing transactions off-chain and then bundling one finalized transaction to the base layer. In an interview with Cointelegraph, Amir Fourouzani, co-founder of Puffer Finance, discussed the ongoing market demand:
"To address this, the industry needs solutions like base-sequencing and base rollups to ensure interoperability and communication between these chains," said Fourouzani, who claims that Puffer Finance had found a way to organize pre-confirmations on Ethereum layers while keeping validators decentralized and in the absence of a need for an overall Ethereum Improvement Proposal (EIP).
