All posts/the-updated-carrot-incentives-program-is-here-c3132262a402
2 min read · published 11/04/2025

The Updated $CARROT Incentives Program is Here!

This change marks a huge step forward for PufferDAO governance and the coordination of all Puffer products, from Liquid Restaking and Puffer Institutional to UniFi Based Rollups and AVS.

The new $CARROT Incentives Program brings balance to $PUFFER and $CARROT claiming, aligning incentives for long-term growth and sustainability across the entire ecosystem.

By introducing a new calendar for voting and reward epochs, this system gives everyone more time to participate in governance and enjoy the rewards that come with it.

Let’s dive in. 🐡

🗓️ The New Calendar Structure

Starting from Epoch 19, each $CARROT campaign will now follow a consistent monthly rhythm:

- Voting window: 2 weeks
- Rewards epoch: 4 weeks

This cycle ensures that Puffer’s governance, incentives, and products stay in sync, creating a smoother experience for participants and stronger alignment across the ecosystem.

🥕 Updated $CARROT Claiming

Alongside the new structure, several claiming rules have been refined to maintain a healthy and sustainable reward flow:

- Gauges and voting now take place directly through the rebuilt Puffer App.
- mtwCARROT → $CARROT redemptions remain on a 30-day window.
- $CARROT → $PUFFER now follows a 180-day withdrawal window, ensuring long-term alignment and balanced token emissions.
- $CARROT may be converted into $PUFFER at a fixed rate of 100 $CARROT to 55 $PUFFER.

While the $CARROT → $PUFFER conversion has a 180-day withdrawal window, $CARROT remains a liquid asset. Users can either hold $CARROT for the discounted $PUFFER conversion, sell it on the market or stake and lock it for boosted rewards.

Additionally, users can acquire $CARROT in the market to take advantage of the $CARROT → $PUFFER conversion discount. This caters to both long-term ecosystem alignment and immediate liquidity needs.

🧠 Wrapping It Up

This update is a huge milestone in Puffer’s mission to create sustainable, community-driven governance.

With longer epochs, unified claiming rules, and a clear monthly rhythm, the new $CARROT Incentives Program strengthens every layer of Puffer’s ecosystem.

Keep puff puffing’!🐡