Puffer Finance Launches UniFi AVS, Introducing Pre-Confirmation to Ethereum for Faster Transactions
Puffer Finance Launches UniFi AVS: Empowering Based Rollups to Unlock Ethereum's Full Potential
PANews, September 17: Puffer Finance, a re-staking protocol, has announced the launch of UniFi AVS, a product designed to unleash the full potential of based rollups. This initiative aims to alleviate Ethereum's fragmentation issues and enable Ethereum to surpass other L1s in speed without compromising decentralization.
Through EigenLayer, UniFi AVS introduces pre-confs to Ethereum, unlocking fast transaction capabilities for both L1 and based rollups while creating a new revenue stream for validators. With pre-confs, validators commit to including transactions in a block before submitting them to the Ethereum L1. This provides users with faster confirmations, reducing transaction confirmation times from 12 seconds to just 100 milliseconds.
Moreover, UniFi AVS ensures accountability through an on-chain registration and forfeiture mechanism. If a validator fails to honor their pre-conf commitments, they are penalized, ensuring the reliability and security of the entire system. UniFi AVS also allows validators to profit from pre-confs, creating a new revenue source and operating entirely permissionlessly.