Skip to main content

Puffer Governance Roadmap

Our transition to full community governance will occur in stages, ensuring a smooth, secure, and effective implementation. Note that the roadmap and timeline are subject to change as the protocol evolves.

Throughout all phases, we remain committed to:

  • Fostering broad community participation in discussions and decision-making
  • Maintaining transparency in all governance processes
  • Balancing innovation with security and stability
  • Upholding Ethereum's core principles of decentralization and permissionlessness

Phase 0: Initial Allocation and Off-Chain Voting​

  • Launch of the PUFFER token
  • Introduction of vePUFFER minting
    • Users can immediately lock their PUFFER tokens to mint vePUFFER NFT
    • This action initiates the accrual of voting power necessary for future governance participation
  • Opening of the governance forum for community discussions
  • Implementation of off-chain voting mechanisms for initial community input
  • Launch initial proposals for whitelisting AVSs

Phase 1: vePUFFER Utility Expansion​

  • Full implementation of the vePUFFER model in collaboration with Aragon
  • Enhanced utility for vePUFFER holders:
    • Boosted voting power based on lock duration
    • Gauges for AVS allocations
    • Potential for additional protocol rewards or benefits
  • Launch initial incentive gauges
  • Rollout initial governance processes
  • Refinement of governance mechanisms based on community feedback
  • Exploration of cross-protocol governance opportunities within the UniFi ecosystem

Phase 2: On-Chain Voting​

  • Transition from off-chain to on-chain voting mechanisms
  • Implementation of smart contracts for governance proposals and voting
  • Exploration of delegation
  • Gradual increase in governance scope over:
    • Puffer LRT: Adjusting protocol parameters, fees, and limits
    • UniFi AVS: Managing fee structures and whitelisting new rollups
    • UniFi Rollup: Setting fee parameters and directing ecosystem rewards
  • Introduction of more complex governance decision-making processes
  • Launch of the UniFi Grants Program
    • Community-driven initiative to fund projects contributing to the UniFi ecosystem

Phase 3: Protocol Ossification​

  • Transition towards a fully autonomous and self-sustaining governance model
  • Ossify governance processes and smart contracts