Puffer Finance Unveils UniFi AVS to Unleash the Power of Based Rollups

Golden Finance reports that Puffer Finance, a re-staking protocol, has announced the launch of UniFi AVS. This product aims to fully unlock the potential of based rollups to alleviate Ethereum's fragmentation problem. It also enables Ethereum to surpass other Layer 1 chains in speed without compromising decentralization.

Through EigenLayer, UniFi AVS introduces pre-confirmations (preconfs) to Ethereum, enabling fast transaction capabilities for both Layer 1 and based rollups, and opening up new revenue streams for validators. With preconfs, validators commit to including transactions in a block before submitting them to the Ethereum Layer 1. 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 penalty mechanism. If validators fail to uphold their pre-confirmation commitments, they are penalized, ensuring the reliability and security of the entire system. UniFi AVS also allows validators to profit from preconfs, creating new revenue streams and operating completely permissionlessly.