Ethzilla Corporation (Nasdaq: ETHZ), technology company in Defi, announced plans to allocate around $ 47 million in Ethereum, equal to around 10,600 ETH, to Puffer, a liquid repair protocol. The move is aimed at generating a higher return on the ETH Treasury of the company.
Puffer was selected because of the repairing model, which combines the yield generation with security. The protocol uses a 2 ETH validator binding that serves as protection against validator errors or malignant activities that offers security for institutions and digital activa companies.
In addition to reflection, Puffer develops additional infrastructure, including its liquid step token (LRT) for capital efficiency, a unifi-based rollup for composability and Preconf-AVS for scaling transaction penalty and wage settlement. Together these elements are designed to support yield, security and network performance.
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