Key Highlights:

• Puffer Finance has introduced CARROT, a novel token that users can earn and later exchange for a PUFFER airdrop.
• CARROT can be accumulated through staking, participating in governance voting, and providing liquidity.

Liquid restaking protocol Puffer Finance has revealed details pertaining to its airdrop campaign, highlighting the opportunity for users to earn the recently launched CARROT token, which will be redeemable for PUFFER at the end of the current season later this year.

Users will gather CARROT by engaging in activities such as staking, voting on governance, and contributing liquidity.

Currently, the protocol boasts $264 million in total value locked (TVL), and the PUFFER token maintains a market cap of $60 million.

“Through democratic voting, Puffer community members can support projects, liquidity providers, and content creators that add genuine value to the Puffer ecosystem,” stated Amir Forouzani, co-founder of Puffer Labs.