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

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Base roll-up layers are also an area of research interest for the Ethereum Foundation.

Puffer Finance, a liquid staking derivatives 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 toRollups 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.

"To address this, the industry needs solutions like base-sequencing and base rollups to ensure interoperability and communication between these chains," said Fourouzani, who claims that Puffer Finance had found a way to organize pre-confirmations on Ethereum layers while keeping validators decentralized and in the absence of a need for an overall Ethereum Improvement Proposal .

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