ETHGas and EtherFi just announced a $3B deal built around one idea: blockspace is a commodity that should be priced and sold forward, not auctioned every 12 seconds. Agree completely. @puffer_finance has been building this thesis from a different angle for three years. 1. Puffer Validator Tickets are prepaid claims on Ethereum blockspace including position. NoOps purchase VTs to access a day of validator rewards. pufETH holders receive that prepaid ETH immediately as yield. 2. VT price reflects expected daily validator revenue, updated by @redstone_defi every 12 hours. ETHGas is building the forward market for L1 blockspace. Puffer VTs are already pricing blockspace forward inside the pufETH flywheel. Every major commodity market in history moved from spot to futures. Ethereum blockspace is next. 🐡
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