# Buffer Digest

By [Buffer Digest](https://paragraph.com/@buffer-digest) · 2023-03-17

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*   **Quote of the week**
    
*   **Platform Statistics**
    
*   **Ecosystem News**
    
    *   _Ambassador Program_
        
    *   _Multichart Testnet_
        
    *   Polygon trading
        
    *   _FactorDAO partnership_
        
    *   _USDC depeg_
        
    *   _Weekly Contest #3_
        
*   **Additional News**
    

Welcome to the _tenth edition of the weekly newsletter_. Each week, we will provide **updates** on **product development** along with **_verified statistics on protocol and community growth_**.

_Let’s get started!_

Quote of the week is …
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> **_Let's build Arbitrum together !_**

Platform statistics
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![Warning: "Total Invested Amount" now refers to Market Capitalization.](https://storage.googleapis.com/papyrus_images/1ef09f5621c25018fa2d73f41069a1e074c9052fbd99d61a828bb3d0f606b374.png)

Warning: "Total Invested Amount" now refers to Market Capitalization.

Ecosystem News
--------------

### Ambassador Program

![](https://storage.googleapis.com/papyrus_images/c79ac12b06002fbf08988a7dfdaea65619e45cfeaaeb03fedd54b34c44d486a6.png)

We have decided to set up a system of ambassadors and the applications for you to be part of them are open. So without further ado, **come and try your luck and you may have the chance to carry our values high**.

**Rewards are obviously at stake, but beware, you must be a fervent supporter of Buffer because you will have to represent our community and you will therefore play a major role in its development.**

In any case, come and try your luck, **applications can be submitted** [**here**](https://t.co/sVqmSl6NEH) thank you to all for your support.

### Multichart Testnet

![](https://storage.googleapis.com/papyrus_images/48517ebadb39a084c1c45053efb4cce6b9464d1e2e6c18ad570f5dd309bed759.png)

We talked about it and you were waiting for it, **the multichart functionality is now testable**, find this **new feature exclusively on our testnet, available on** [**this link**](https://t.co/9OiUzucu7k).

You will be able to **have access to several charts simultaneously with a simple click**, this way it will be easier to **keep an eye on all your positions without getting confused**.

And since we are still in the **testing phase your opinions and feedback are welcome, you can send us your remarks by joining us on our discord** [**here**](https://t.co/iyxxK86pOe)**.**

### Polygon trading

![](https://storage.googleapis.com/papyrus_images/8dee9b8f4139faef8edc572d74a7250ebecb53410c584325e6f2e7190c33f2f8.png)

Several announcements have already been made but it is now official, **our application is now launched on the Polygon network and trading is now live**.

So **whatever your preferences are, make your choice and trade either on Arbitrum or Polygon**!

Keep in mind that **all of this would not have been possible without the wonderful help of our partner Metavault**, again **a big thank you to them for making it all possible**.

### FactorDAO partnership

![](https://storage.googleapis.com/papyrus_images/c753d76d0354940b1bbf7df7f36f9e789363c7436f340fbbf06603d24d717ceb.png)

Have you heard of FactorDAO?

It's a platform for setting up investment strategies, t**heir goal is to simplify asset management**. We have established a collaboration and our products are available there.

This week **our friends have written a must read thread that reviews in more detail the interest of this partnership**. The thread is **available to read** [**here**](https://twitter.com/FactorDAO/status/1635339988979298304?s=20).

### USDC depeg

![](https://storage.googleapis.com/papyrus_images/7d9d53a166fb37e989bcd6105a080e12e0b23dbf94e85e43091ac4ed2917e710.png)

As you know, some unfortunate events took place this week, among them we can find the USDC depeg. It turns out that **things are back to normal and the price is stable again**. **In response to this event we decided to set up an insurance fund for our liquidity providers**.

The **USDC pool is still available though**, it is **currently 64% full and allows you to generate 56.87% APR, you can deposit** [**here**](https://app.buffer.finance/#/earn).

### Weekly Contest #3

![](https://storage.googleapis.com/papyrus_images/873ada89bceb22e1b2b0e992d82d8b2089c859e4f3acba40cbb78a03e3d28d8b.png)

It's reward time! **The third weekly competition has ended and here are the results**:

*   **244k _Volume_**
    
*   **183 _Participants_**
    
*   **3470 _Trades_**
    
*   **2481 _USDC Prize Pool_**
    
*   **_1st prize_ 2,991.60 USDC**
    
*   **_2nd prize_ 810.00 USDC**
    
*   **_3rd prize_ 546.70 USDC**
    

We would like to **thank you for your regular participation in these competitions, as a reminder, the greater the number of participants the greater the rewards will be!**

**The fourth competition has already started and we recommend you to participate, who knows maybe you will be the big winner of this week (or the next)!**

Additional News
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[https://twitter.com/Buffer\_Finance/status/1636366007848562688?s=20](https://twitter.com/Buffer_Finance/status/1636366007848562688?s=20)

[https://twitter.com/Buffer\_Finance/status/1636016079016284161?s=20](https://twitter.com/Buffer_Finance/status/1636016079016284161?s=20)

[https://twitter.com/Buffer\_Finance/status/1635683979943718936?s=20](https://twitter.com/Buffer_Finance/status/1635683979943718936?s=20)

[https://twitter.com/Buffer\_Finance/status/1635301367870017537?s=20](https://twitter.com/Buffer_Finance/status/1635301367870017537?s=20)

[https://twitter.com/Buffer\_Finance/status/1636477902685347840?s=20](https://twitter.com/Buffer_Finance/status/1636477902685347840?s=20)

[https://twitter.com/GMDprotocol/status/1636443743766102053?s=20](https://twitter.com/GMDprotocol/status/1636443743766102053?s=20)

[https://twitter.com/Buffer\_Finance/status/1634270761711030277?s=20](https://twitter.com/Buffer_Finance/status/1634270761711030277?s=20)

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*Originally published on [Buffer Digest](https://paragraph.com/@buffer-digest/buffer-digest-11)*
