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Buffer Weekly Digest #21

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

Let’s dive in!

TL;DR:

  • Ecosystem news -

    • New trade volume record

    • High in Arbitrum charts

    • Weekly APR adjustments

  • Platform Statistics

  • Buffer frens -

    • The Rollup mega-space

  • Community space

  • Vibe of the week

Let’s get started!

Ecosystem news

We were proud and excited to witness our traders set a new record this week.

The trade volume for $BFR-settled binary options exceeded 275,000 in a single day!

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As a result, 17,000 $BFR, meaning 50% of generated fees, were burned.

Great job, Buffer traders!

To keep the great news rolling, Buffer was recognized as a top project once again (and rightfully so). More precisely, we ranked #3 in Top Project by Galaxy Score in Arbitrum Ecosystem.

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Weekly APR adjustments

Updated APRs:

  • $BFR: 14.86%

  • $USDC Vault (uBLP): 24.37%

  • $ARB Vault (aBLP): 7.96%

Airdrop and Fee Burn:

  • 270 $ARB reserved for Airdrop to $BFR stakers

  • 43790 $BFR burned

Platform Statistics

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Buffer frens

What better way to end the week than with a fun podcast?

We were happy to join The Rollup’s mega space to celebrate their 100th podcast, along with Zoth, Charged Particles, and Good Entry.

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Their anniversary podcast was a great occasion for a highly engaging panel discussion.

In case you missed it or want to listen to it again, the recording is available here:

https://twitter.com/Buffer_Finance/status/1676985477369397248

We hope you enjoy it; we were thrilled to be part of the line-up!

Coming back full circle, we’re always happy to receive feedback and comments from Buffer frens enjoying the platform’s features.

Thank you for your appreciation! We’ll do our best to keep it up.

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Community Space

Buffer traders have been on fire this week. Apart from the excellent record we mentioned above, we also have an individual accomplishment to congratulate.

Trader of the week

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Our latest Trader of the Week had an incredible performance, banking a profit of $8400!

Trader profile: https://t.co/Xt3kdtrdMI

  • Favorite assets: $ETH and $BTC

  • Winrate: 58.89%

  • Timeframe: 5 minutes

Congratulations!

Vibe of the Week

Watching our traders set a new record in trade volume for $BFR-settled binary options this week was exciting. So we feel the vibe of the week needs to underline that and offer inspiration for another productive week.

It’s a good day to set a new record!

This completes this week's edition of the Buffer Digest comes to an end. 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/bufferfinanceTwitter: twitter.com/Buffer_Finance