# Buffer Digest

By [Buffer Digest](https://paragraph.com/@buffer-digest) · 2023-04-17

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*   **Quote of the week**
    
*   **Platform Statistics**
    
*   **Ecosystem News**
    
    *   _General Updates_
        
    *   _Action Plan_
        
    *   _Pyth Oracle Integration_
        
    *   _Blitz Partnership_
        
    *   _ARB distribution_
        
*   **Additional News**
    

Welcome to the _thirteenth 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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> **_We love a challenge_**

Platform Statistics
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###GeneralUpdates

Firstofall, **we have set up a swap system integrated directly into our platform**, no need to look elsewhere. This is possible thanks to our partner OpenOcean who allows us to have this **very convenient feature**.

Next, the **statistics dashboard has been updated to show ARB token information**. Everything is [available here](https://t.co/KHnJZJDyMY).Wehavealsotaken the decision to **reduce some of the payouts**, notably those of BTC and ETH, both from 70% to 60% base rate. **This decision is based on the desire to ensure a prosperous future for BLP by not abusing the rewards provided**.

**V3 is fast approaching**, we will present you the upcoming elements very soon.

### Action Plan

Hereisone of the problems we face, bad price feeds and Oracle failures.

**With a product like ours it is very important to have the most powerful Oracle available**, with Chainlink's low-latency solution being still under development we are currently using Pyth.

The second problem we encountered was the **misuse of small trades, especially with some trading bots using low capital scalping strategies**.

We first decided to raise the minimum amount required to make a trade to 25 USDC, to finally realize that it handicapped our traders preferring to take small positions.

To combine **LP risk reduction and accessibility we have decided to set up 2 tier pool systems**. To put it simply, this will **allow us to test our changes on a restricted trading environment so that we don't affect everyone with our decisions** (which are sometimes not the right ones). We **evaluate our new products, we test, and we validate**.

Buffer is our little baby and we are going to take it very far, we guarantee it!

### Pyth Oracle Integration

Wechosethis solution for the reasons we mentioned above. This news means that the charts will be more accurate and we **reduce the risk of potential pricing errors**.

But this news comes with many others. Now that we have integrated Pyth :

*   **_POL Pool that we introduced has been launched_**
    
*   **_Base payout is 70% on all pairs_**
    
*   **_Minimum timeframe reduced to 3 minutes_**
    
*   **_Forex pairs are back_**
    
*   **_Minimum trade size is 5 USDC_**
    

Changes are to be expected, on the way to perfection.

### Blitz partnership

Thisisthe case of **Blitz Trade with whom we have associated**, Blitz Trade is REDACTED. You'll find out later…

If you want to preview their product you can if you are an Optopi, [check here](https://t.co/zu6EXMft3T).###ARBdistributionOh,bythe way, that reminds me, we wanted to inform you that **we are switching to a monthly system as of today** to avoid gas fees costs.

Additional News
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[https://twitter.com/Buffer\_Finance/status/1646095336279089152?](https://twitter.com/Buffer_Finance/status/1646095336279089152?)[https://twitter.com/archipelabro/status/1588350326196686848?s=20](https://twitter.com/archipelabro/status/1588350326196686848?s=20)[https://twitter.com/Buffer\_Finance/status/1643063031436279810?s=20](https://twitter.com/Buffer_Finance/status/1643063031436279810?s=20)[https://twitter.com/OpenOceanGlobal/status/1643538971044249600?s=20](https://twitter.com/OpenOceanGlobal/status/1643538971044249600?s=20)[https://twitter.com/TemaYurich/status/1644318155085316096?s=20https://twitter.com/TemaYurich/status/1644318155085316096?s=20](https://twitter.com/TemaYurich/status/1644318155085316096?s=20)[https://twitter.com/0xgrindzee/status/1647696686364385281?s=20](https://twitter.com/0xgrindzee/status/1647696686364385281?s=20)

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*Originally published on [Buffer Digest](https://paragraph.com/@buffer-digest/buffer-digest-14)*
