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Puff Overview
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About Puff
$PUFF is the primary utility token of the SAC ecosystem, offering various functions from staking rewards for SAC NFTs to in-app purchases and token-based upgrades. Users can earn $PUFF by staking SAC NFTs, including Stoned and Nuked Apes, and the daily rewards vary based on NFT tier and "awakening" status. NFT holders can use $PUFF to participate in "evolution" activities, which allow for NFT upgrades, aesthetic enhancements, and increased staking rewards.
Expanding beyond digital utility, $PUFF is also positioned as a payment option within the cannabis and lifestyle industries. Holders can use $PUFF to purchase goods such as CBD products and apparel via the SAC Online Store, with partnerships established to integrate $PUFF as a payment method with selected dispensaries and lifestyle businesses. Additionally, $PUFF supports token-burning mechanisms to reduce supply and maintain value as the ecosystem grows.
Puff (PUFF) was developed by the Stoned Ape Crew (SAC), the team behind the SAC NFT collection and ecosystem. The SAC team leverages community involvement and decentralised finance principles to build utility and expand $PUFF’s reach.
Although 'PUFF' was the ticker assigned at the deployment of the Puff Token's smart contract, it is already in use by another asset that has a larger market presence and higher trading volume on major exchanges. Due to this pre-existing association and to avoid confusion in the marketplace, the alternative ticker 'PUFFCOIN' has been adopted for this token. This designation is specifically used to ensure that assets are distinctly identified.
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