Crypto wallet provider SafePal and Ethereum staking protocol Puffer Finance have launched a collaborative Giftbox campaign to promote Ethereum restaking. The week-long initiative aims to enhance user engagement across decentralized finance (DeFi) ecosystems by incentivizing participation in restaking activities.
The campaign encourages users to reuse staked Ethereum assets across multiple protocols, a mechanism designed to maximize yield potential by leveraging assets simultaneously in several networks. While promotional rewards form part of the engagement strategy, specific financial details including reward structures and total staked assets remain undisclosed by both projects. According to SafePal’s ecosystem expansion strategy, such partnerships with DeFi protocols like Puffer Finance target broader user acquisition and product integration.
Historical data indicates similar campaigns generate short-term spikes in protocol activity but rarely trigger sustained market shifts. The collaboration reflects a wider industry trend where crypto service providers forge partnerships to drive innovation in staking mechanisms and accelerate adoption within the DeFi sector.