# Buffer Digest 

By [Buffer Digest](https://paragraph.com/@buffer-digest) · 2023-03-26

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*   **Quote of the week**
    
*   **Platform Statistics**
    
*   **Ecosystem News**
    
    *   _$ARB Trade, Earn, LP_
        
    *   Weekly contest #4
        
    *   Milestones review
        
    *   Sperax partnership
        
*   **Additional News**
    

Welcome to the _eleventh 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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> **_An eventful week for Arbitrum & for Buffer!_**

Platform Statistics
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![](https://storage.googleapis.com/papyrus_images/0a50e1eeaf05dfde774fe0627df068120e5f0adabdf9d9de8052e78f572e91dd.png)

Ecosystem News
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### $ARB Trade, Earn, LP

![](https://storage.googleapis.com/papyrus_images/8c227560782d9c43812e446b784a4be6455beddbb6a56a21aecc2eec57bd0147.png)

As you may know **Arbitrum has decided to launch its own governance token**, it has also been decided that an allocation will be made to the major protocols of the ecosystem and we are delighted to announce that **we are eligible for an amount of 257450 ARB which will be transferred to our** [**treasury**](https://t.co/dtudXf8pAZ).

**We will soon be able to reveal our strategy and the way we will use these precious tokens**.

But the most important thing we have to tell you is the implementation of several uses around $ARB. Firstly, we have decided to **add ARB as an input and payout token on your trades**. We have also set up an **ARB vault currently allowing you to generate a 30.53% APR, the APR will vary with each one’s deposit & withdrawals, 70% of the fees generated from ARB trading will then be distributed among LPs**.

The **rewards are given to you in aBLP** (an escrowed BLP derivative) which you can then vest.). Hurry up and place your tokens because **the** [**vault**](https://app.buffer.finance/#/earn) **has a maximum capacity of 1,000,000.00 ARB and is 31.87% full**.

### Weekly contest #4

![](https://storage.googleapis.com/papyrus_images/90baac8b1681d15146f1e0abdaf6d0d8f2611ce838938c127c710c3faaef6a2e.png)

Quick recap of the **fourth weekly competition, here are the results**:

*   **215k _Volume_**
    
*   **199 _Participants_**
    
*   **3654 _Trades_**
    
*   **2379 _USDC Prize Pool_**
    
*   **_475.99 USDC prize distributed to top winner and loser by PNL_**
    
*   ARB tournament competitions soon ?
    

Once again, we **thank you for joining us for these competitions in increasing numbers, and we are even more excited to see that the individual awards are also growing**. Keep up the good work.

We’ve also decided to **update some of the grading procedures** you can read about right here.

**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)!**

### Milestones Review

![](https://storage.googleapis.com/papyrus_images/39a497e3805a8bf0354d571317d718b111fdcf16a526bf6ebbec7c6f2f55b833.png)

It was a **big week for us**! Many big steps were taken.

*   **_2 Million Total Volume_**
    
*   **_250k USDC Fees_**
    
*   **_1000 Total Traders_**
    

What's next on the agenda?

*   **_1 Minute Options_**
    
*   **_1-Click-Trading_**
    
*   **_ARB/USD Pair_**
    

In any case a big thank you to you, without all this support that you bring us nothing would be possible.

### Sperax partnership

![](https://storage.googleapis.com/papyrus_images/5485034cf66142a2ceb8602f0f4d52b742a7053da76227fb1346a7ffde75f762.png)

**We have partnered with SperaxUSD to enhance our liquidity on Arbitrum**.

The main thing about this fabulous collaboration is that **Sperax has set up BFR/USDs Farm & Gauge, available** [**right here**](https://demeter.sperax.io/).

And don't worry **if you're not familiar with all this you can find out what Sperax is and what the words Gauges & Bribes mean by visiting** [**this thread**](https://twitter.com/SperaxUSD/status/1638230260201168925).

Additional News
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[https://twitter.com/Buffer\_Finance/status/1639231478314983424?s=20](https://twitter.com/Buffer_Finance/status/1639231478314983424?s=20)

[https://twitter.com/CamelotDEX/status/1639277998842036224?s=20](https://twitter.com/CamelotDEX/status/1639277998842036224?s=20)

[https://twitter.com/TrulyBartek/status/1639185838490697729?s=20](https://twitter.com/TrulyBartek/status/1639185838490697729?s=20)

[https://twitter.com/SperaxUSD/status/1638945041749032961?s=20](https://twitter.com/SperaxUSD/status/1638945041749032961?s=20)

[https://twitter.com/Buffer\_Finance/status/1638556023857246208?s=20](https://twitter.com/Buffer_Finance/status/1638556023857246208?s=20)

[https://twitter.com/SperaxUSD/status/1638230269038567444?s=20](https://twitter.com/SperaxUSD/status/1638230269038567444?s=20)

[https://twitter.com/Lysis1501/status/1637580158260371459?s=20](https://twitter.com/Lysis1501/status/1637580158260371459?s=20)

[https://twitter.com/EntropyManaged/status/1636953916360228865?s=20](https://twitter.com/EntropyManaged/status/1636953916360228865?s=20)

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*Originally published on [Buffer Digest](https://paragraph.com/@buffer-digest/buffer-digest-12)*