Greetings to all Bufferinos!

Welcome to the twenty-ninth edition of the Buffer Digest. Our goal is to keep the Buffer community up to date on the latest news, including partnerships, product launches, and ecosystem updates.

In this week's edition:

• Key Stats: Platform Growth, APR Adjustments, Airdrop & Weekly Fee Burn.

• Platform Updates: V2.5.1 Live on Mainnet, oSnap x Buffer Integration Partnership.

• Ongoing Priorities: Gamification Features, Expanding Timeframes Range forUp/Down Options.

• Community Updates: Trader of the Week.

Key Stats

Protocol Growth:

• Trading Volume: $6.9 million

• Total Fees Collected: $897,704

• Total Trades: 91,708

• Total Traders: 1632

• Total $BFR Staked: 20.36M (70.15% of the total circulating supply)

• Cumulative Buffer Burned: 123.5K $BFR

You can find more interesting stats here 🔽

APR Adjustment for Sept. 6th:

• $BFR: 10.12%

• $USDC Vault (uBLP): 21.56%

• $ARB Vault (aBLP): 0.51%

Details & Staking here 🔽

Airdrop & Fee Burn for Sept. 6th:

• 7.5 $ARB reserved for Airdrop to $BFR stakers

• 349 $BFR burned Platform Stats

Platform Updates

v2.5.1 Launch on Mainnet

If you swim through the waters of our discord or telegram chats - you must be keenly aware that we pushed a rather important update on Mainnet.

Not to be confused with v.2.5 (which was all about making trading UX as fluid as possible within our current model), v2.5.1 is all about risk management, protecting the volatility surface and in turn our LPs.

Oh right, we did manage to squeeze in a key UX (the res maxime importantis of Buffer, right!) feature in this one too: in-chart position management.

And if you haven’t been that active on our socials (which, henlo! why aren’t you!) let me breakdown all the upgrades v2.5.1 brings:

New Risk Management Parameters:

• 👆1 Minute Options are Back!

1 minute options are one of the most requested timeframes by Bufferinos - and they are back!

Nothing more to say here - get cranking folks 🔽

• 💠 Dynamic Spread

The price impact will be specific for each pair, and will also be different on each side (up/down). It means the open price of all trades will still follow the strike price of the pair, but depending on the open interest (oi) and historical volatility (hv) on the pair it will be higher (Up) or lower (Down).

Note: Price impact/spread never applies when closing a trade.

We are updating our documentation, where you can get more precise details about spread calculation.

• 💹 Dynamic Pricing

Payout is now dynamic on all pairs and markets based to ensure fairness between traders and balance the risk for the LPs. Max dynamic payout scaled up to 90% 🔥 and minimum scaled down to 75%.

• 🛂 Payout Customizations for Limit Order

Wondering how you can get guaranteed payout at execution for limit orders? worry not, we already thought this through for you -

Users can now secure their trade by selecting the minimum payout for limit orders. This feature allows you to secure your trade by defining the least acceptable payout. Even if the dynamic payout fluctuates, your trade will only execute if it meets your set minimum.

• 📈 In-Chart Position Management:

This feature takes trader flexibility and UX to a whole another level. It allows the trader to execute the following actions directly from the trading view chart:

For Market Orders:

• Early close directly from chart

For Limit Orders:

• Plot/Unplot Limit Orders on the Chart before they are executed;

• Edit order terms including trigger price, trade size, timeframe, order expiry, minimum payout %age limit, and even trade direction (Up/Down);

• Cancel Limit Order;

• Drag Limit Order to edit the Strike Price.

Ongoing Priorities:

• User Onboarding & Gamification:

We are working on bringing no loss tournaments, trading leagues and a very unique incentive mechanism inspired by top gaming gaming companies like CS:GO to Buffer.

• Expanding range of timeframe:

We are exploring mechanisms to support for timeframes as long as 24 hours.

Integration Partnership: Buffer 🤝 oSnap

We have integrated oSnap for fast, decentralized, low cost governance oSnap is a free-to-use governance tool secured by UMA, an optimistic oracle that can validate any independently verifiable data on-chain.

Read more 🔽

Community Updates:

Trader of the Week:

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.