Greetings To All Bufferions! 🐙
Welcome to the 31st edition of the Buffer Digest. Our goal is to keep the community up to date on the latest news including new product launches, partnerships, and ecosystem updates.
In this Week’s edition:
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Key platform starts, weekly airdrop and burn
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New Platform Updated notably the addition of 5 new Forex Pairs
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Ongoing Priorities include No-Loss Tournaments, and Perps
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Ecosystem Updates include launch of 0xPlay Testnet
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Last but not least, a community feature highlighting this week’s Trade of Week
Key stats of the week:
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Total Trading Volume: $7.07 Million
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Total Fees: $913K
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Total Trades: 97,266
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Total Traders: 1714
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Total $BFR Staked: 20.33 Million (60.04% of the total circulating supply)
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Cumulative $BFR Burned: 127.4K
Find all the stats:
Current Vault APRs:
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$BFR Staking: 8.41%
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$USDC Vault: 20.2%
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$ARB Vault: 0.9%
Find all details on Staking & LPing:
Weekly Airdrop & Fee Burn:
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$ARB reserved for $BFR Stakers: 20.09
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Weekly $BFR Burned: 3600
Platform Updates:
Forex Frenzy:
5 New Fx Pairs Live on Mainnet:
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USD/CAD
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AUD/USD
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USD/CHF
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NZD/USD
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USD/SGD
Platform Trivia:
Curious about Early Close & how it works?
Early Close feature, introduced in v2.5 significantly enhances flexibility for traders. It allows users to close their trades before their expiration time. This will allow traders to exit any position to lock in profits or free up collateral.
More Details:
Ecosystem Updates:
0xPlay Testnet
Test 0xPlay on Arbitrum Goerli Testnet:
Ongoing Priorities
No-Loss Tournaments:
We are gearing up to introduce an exciting competitive layer that rewards the most brilliant traders on Buffer, while allowing competitors a fair shot at the title and the honeypot.
Anticipate more updates on tournaments next week.
Perps:
Perps on Buffer are the most anticipated launch of 2023 for Bufferinos and for good reason - we envision perps to unlock a new influx of trading activity on platform, bolstering liquidity while allowing up/down traders to effectively hedge their positions.
Details on the launch and products specs will roll out in the subsequent weeks
Community Updates:
Let’s stay connected!
The best way to stay up-to-date with Buffer’s latest developments, and also actively participate with ideas, suggestions, and feedback, is to join Buffer’s Discord. Make sure to also follow Buffer on Twitter.