Henlo Bufferions! 🐙

Welcome to the 34th 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:

• Key Platform Stats

• New Platform Updates: Perps Made More Degen Friendly, Optopi NFT Risk Mitigation

• Ongoing Priorities: No Loss Tournaments

• Community Updates: A Complete Look At Buffer By The Rollup, The Rollup Unleashed (DeFi Flywheel and Arbitrum STIPs)

Key Stats

• Total Trading Volume: $7.17 Million

• Total Fees: $923K

• Total Trades: 100058

• Total Traders: 1762

• Total $BFR Staked: 18.77 Million (59.80% of the total circulating supply)

• Cumulative $BFR Burned: 136.7K

Find all the stats:

Current Vault APRs:

• $BFR Staking: 10.01%

• $USDC Vault: 90.02%

• $ARB Vault: 1.88%

Find all details on Staking & LPing:

Platform Updates:

Perps Made More Degen Friendly:

• Up to 100x Leverage on the hottest assets of this season i.e. $BTC and $ETH and up to  50x on Major Alts.

• Limit Orders: No more staring at the price all day waiting for your entry and no more missing your exit on that big green dildo.

• Advanced Risk Management Features including: Stop Loss and Take Profit

And an overall faster smoother UI!

Trade Perps:

Optopi NFTs - Risk Mitigation

On December 4th, thirdweb flagged a vulnerability in their vastly used open-source library. At Buffer this library was only utilized for the Optopi NFT Collection.

Once we were made aware of this vulnerability, our steps were to lock the current contract and migrate the collection for a new contract using the Third Web Migration Tool.

Originally, as per the steps provided by Thirdweb, our next steps included airdropping the new NFT directly to the wallets of holders.

However, after multiple failed airdrop attempts due to network issues, we immediately created a new path for our users to claim their NFTs using the official link provided.

Ongoing Priorities

No Loss Tournaments: No Loss Tournaments are now in their final testing phase, following several enhancements in user experience (UX) and user interface (UI). We expect these tournaments to be among the most thrilling launches across all Buffer products. The enthusiasm we've observed from our partners appears to mirror this anticipation

Community Updates

A Complete Look at Buffer Finance & Recent Updates by The Rollup:

The Rollup Unleashed - DeFi Flywheel and Arbitrum STIPs

The recent surge in $BTC and $ETH, reflects an increasing market preference for decentralized protocols — something somewhat overlooked last cycle.

Thanks to all the Bufferinos who stuck it out through the bear market. Fingers crossed, it’s up only from here!

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.