Гаманець для pufETH

What is pufETH (PUFETH)?

Puffer built pufETH as the token you hold when ETH has been deposited into its liquid restaking vault, where the stake is validated on Ethereum and also committed through EigenLayer's restaking layer. pufETH is a vault share, not a one-to-one wrapper for ETH: it represents a portion of the pool, and the amount of ETH that portion corresponds to changes over time with the vault's performance, including any penalties applied to the validators behind it.

How that looks in a wallet surprises people who expect a growing number. pufETH does not rebase. The quantity of tokens at an address stays exactly what you deposited or bought, and it is the exchange rate against ETH that moves, so a static balance is the normal and correct display. There is nothing to claim, no reward transaction to sign, no maintenance at all. Turning it back into ETH means either exiting through the protocol, where an unstaking queue applies, or trading the share. pufETH has also been carried to other networks as a bridged token, and such a version is a different contract from the Ethereum one even when the ticker matches.

A restaking share that keeps working without being touched pairs well with a card that is simply put away: the Tangem app reads the current pufETH balance and its value from the network each time you open it, nothing has to be signed for the position to keep accruing, and the card only comes out on the day you exit. Holders who want their restaked ETH quiet and out of reach get exactly that here.

Supported networks in Tangem (1): Ethereum.