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.
Key stats of the week:
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Total Trading Volume: $7.05 Million
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Total Fees: $911K
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Total Trades: 96,044
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Total Traders: 1689
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Total $BFR Staked: 20.45 Million (70% of the total circulating supply)
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Cumulative $BFR Burned: 127.3K
Find all the stats:
Current Vault APRs:
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$BFR Staking: 9.76%
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$USDC Vault: 36.53%
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$ARB Vault: 0.36%
Find all details on Staking & LPing:
Weekly Airdrop:
- 16.4 $ARB reserved for $BFR Stakers
Platform Updates:
New Forex Pairs on Buffer - Coming Next Week!
Forex has always been the most heavily traded market among Buffer traders - to accommodate this momentum, we will be adding more pairs app.buffer.finance. ETA: Next Week
Newly Added Crypto Pairs on Buffer
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$ARB/USD
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$BNB/USD
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$LINK/USD
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$DOGE/USD
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$SOL/USD
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$TON/USD
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$XRP/USD
The 🔮 Future of 🎰 iGaming is Here!
0xPlay is where decentralized betting gets cozy with crypto-themed games. Crafted for all - the gameplay is a mix of high stakes thrill, and smooth 1-Click, Gasless, Instant UX.
Test 0xPlay on Arbitrum Goerli Testnet:
Platform Insights:
We have heard quite a bit of chatter about Spread on Buffer:
Here’s some insights that might help you understand - how competitive our spread really is:
On October 17th, BTC rallied up by 2000 USD in a span of 15 mins as a result of an incorrect BTC ETF news report, the spread on Buffer trailed to a higher side based on this event, and trailed down by the same value in 15 minutes as the market corrected itself.
This period might have led to a few assumptions about spread not being competitive on Buffer. However, contrary to this, the spread you see on the trade page, is the max value applied. Actual spread at any given time is relatively low depending on the hv (historical volatility), and oi (open interest).
Also here’s a cool fact: slippage is NOT applied on top of spread, instead slippage on Buffer accounts for spread.
Ongoing Priorities:
Perps Integration:
Perps are coming to Buffer, despite the intern’s natural instinct to divulge more information, the intern will exhibit discipline and let the details roll out as they are meant to be!
Marketing Efforts:
While we don’t want to give away all our Go To Market (GtM) strategy, we do want to assure you that we’re doing the following:
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Exploring innovative and effective funnels to drive product discovery
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Working with high quality KOLs
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Partnering closely with sister protocols on Arbitrum and other chain
Multi-Chain Strategy:
The Buffer vision has always been highly aspirational, reducing barriers to entry and making the platform more accessible across all key networks has always been the part of our long term strategy - one that we plan to bring to fruition very soon.
Community Updates:
Trader of the Week:
The Rollup Unleashed: Info Markets & Oracles:
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.