Ethereum LSD solution Puffer Finance moves to base rollups after raising $18M
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