Buffer Digest #28

Welcome to the twenty-eighth 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.

TL;DR:

  • Key Stats: Protocol Growth, APR Adjustments, Airdrop & Burn

  • Platform updates: New Tutorial on How to Place Up/Down Trades just dropped on Youtube;

  • Ongoing Priorities: deploy new risk management system & 1-Click In-Chart Order Management on Mainnet, Upcoming Tournament;

Key Stats

Protocol Growth:

  • Trading Volume: $6.864 million

  • Total Fees Collected: $892,093

  • Total Trades: 90658

  • Total Traders: 1621

  • Total BFR Staked: 20.31 million $BFR

  • Cumulative BFR Burned: 123.2K $BFR

Constant deflationary pressure continues with every $BFR  trade placed on Buffer Classic App.

To date, over 123.2K $BFR tokens have been incinerated, as we consistently burn half of all generated fees weekly - until a max circulating supply of 50 million BFR is reached.

APR Adjustment for September 20:

  • $BFR: 12.93%

  • $USDC Vault (uBLP): 41.28%

  • $ARB Vault (aBLP): 1.88%

Details & Staking: http://earn.buffer.finance

Airdrop & Fee Burn for Sept. 6th:

  • 4095  $BFR burned

  • 47 ARB Reserved as Airdrop for $BFR Stakers

Platform Updates:

Tutorials:

Trading on Buffer is a breeze, especially with your 1-Click trading account set up!

But hey, we're always thinking of you. So, for all our fresh traders out there, we've just dropped our 4th tutorial: "How to Place Up/Down Trades on Buffer" on our official YouTube Channel.

📹 Watch Here & Happy Trading:

❤️ Don’t forget to like, subscribe, and share your feedback!

Ongoing Priorities

  • Deploy risk management on Mainnet:

A new and more robust risk management system is ready to go live on the Mainnet.

ETA: this coming week.

  • Deploy new UX features on Mainnet::

1-Click In-Chart Order Management is already live on the Testnet. We are gearing up to launch it on Mainnet soon.

ETA: this coming week

What does it mean for traders?

  • User Onboarding & Gamification:

An announcement for a testnet tournament is on the horizon soon! Keep an eye on our socials.

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.

Subscribe to 0xc730…8de2
Receive the latest updates directly to your inbox.
Mint this entry as an NFT to add it to your collection.
Verification
This entry has been permanently stored onchain and signed by its creator.