Buffer Weekly Digest #19

Welcome to another edition of the Buffer Digest, our weekly protocol briefing. We're thrilled to provide you with an overview of our achievements from the past week, along with important announcements. Also, we'll share our future strategies to expand the project and foster community growth.

Read along!

TL;DR:

  • Ecosystem news

  • Platform Statistics

  • Buffer frens

  • Community space

  • Vibe of the week

Let’s get started!

Ecosystem news

There is an entire spectrum of pairs available on Buffer, and we are excited to see traders enjoy each and every one of them.

You can trade all of these with $USDC, $BFR, and $ARB, and receive the payout in the same token.

As for the $BFR trading pool, which is now live on Buffer, allowing you to trade all assets using $BFR, we want to remind you that if you need more information, there's an article available: Up/Down Options Trading is Live on $BFR Trading Pool 

Weekly APR adjustments

Updated APRs:

  • $BFR: 14.64%

  • $USDC Vault (uBLP): 32.67%

  • $ARB Vault (aBLP): 8.91%

Airdrop and Fee Burn:

  • 287 $ARB reserved for Airdrop to $BFR stakers

  • 12000 $BFR burned

Platform Statistics

Buffer frens

This week, our frens at Layer3 have been talking about our “Practice Mode” feature.

Quests are an excellent way to explore Web3 in general. This time, Layer3 has invited users to enhance their trading skills on the testnet: https://layer3.xyz/quests/trading-on-testnet-with-buffer-finance 

The quest has three steps:

  • Bridging to Arbitrum Testnet

  • Claiming Testnet Tokens

  • Placing a Trade

Almost 4,000 participants and counting!😎

Join us in spreading the news and encouraging as many new users as possible to try out the practice mode, familiarize themselves with the platform, and experiment with new trading strategies!

Community Space

Trader of the week

Some of our traders have been on fire!

For the second consecutive week, the title of 'Trader of the Week' goes to one dedicated and lucky user: https://t.co/xIyO3arkZz

They achieved an impressive profit of $3225, surpassing the winrate of the previous week!

  • Favorite assets: $ETH & $BTC

  • Winrate: 61%

  • Timeframe: 3-5 minutes

Congratulations once again!

Now, we're even more eager to see what the next week holds.

We were delighted to witness the enthusiasm among people who tried our practice mode. The Layer3 quest campaign received a positive response.

Let’s hope this will help us grow the Buffer community even stronger!

Vibe of the Week

Having one trader on such an awesome streak is impressive and exciting. And quite an inspiration.

So the vibe of the week is:

That concludes this week's edition of the Buffer Digest. We hope it provided you with valuable insights into the protocol's activities from last week, and we trust that you found it engaging and informative.

Stay tuned for the next Digest!

Until next time!

About Buffer

Buffer Finance is a non-custodial exotic options trading platform that provides defined-outcome and fast-paced trading across both crypto and non-crypto markets, including forex, commodities, and indices. 

Buffer simplifies the intricacies of options trading, allowing DeFi-native traders to trade multiple assets entirely on-chain, without the added complexities of liquidation, funding rates, or scam-wicks.

Website: https://buffer.finance/**
Telegram: t.me/bufferfinance
Twitter: **twitter.com/Buffer_Finance

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