📢Buffer Bi-Weekly Update!

Hi @everyone!

We hope everyone in the Buffer community is doing ok - we know the markets have been hard but we’re happy to let you know we’re still working hard behind the scenes, building and delivering on our vision for the Buffer Finance protocol. Our bi-weekly updates are back and we’ll continue to keep you informed as we go on this journey together.

As many of you know we’ve been busy building the Buffer V2 features and below is a quick update on what’s been launched recently and what’s coming up soon:

1) Buffer Finance V2 Testnet is live!
Some of the new features for Buffer Finance in the V2 update:
✅ Highly capital-efficient with protocol-owned liquidity
✅ Place all your orders with $iBFR
✅ Place trades as yes/no statement (simplifies the user experience)
✅ Gamified interface with Odds and probability
✅ Enhanced composability and new opportunities with #DDOVs
✅ Buffer Prime Club & #NFTs for exclusive benefits & market insights to holders
✅ Smoother & more intuitive UI

The full V2 features will be rolled out in the coming months, but please help us out by using and testing the new updates on Testnet and letting us know about any bugs or issues.

Don't forget to show your love for our transition to the Buffer Finance V2, anon, by Liking, tweeting, or commenting!
Check it out 👇
👉 https://twitter.com/buffer_finance/status/1545075274945122305?s=21&t=jWpD_oog8VFT6WB_xpMzHA

2) Buffer Prime Club NFTs
What is Buffer Prime Club?
Buffer Prime Club is a collection of 9,999 multi-chain NFTs generated entirely on-chain.
A quick overview:
• Directly participate in Buffer’s future development and growth
• Ensuring non-speculative governance by preventing pump & dump in the secondary market
• Buy/Sell the voting NFTs just like any NFTs
• More secure and progressively decentralized governance
• Truly tangible voting rights

🌟And here’s the exciting bit:
Buffer Prime Club NFT is divided into 4 tiers. Besides voting rights, each tier unlocks exclusive benefits for users.

For more info on the Buffer Prime Club NFTs check out our Medium article below:
👉https://buffer-finance.medium.com/introducing-buffer-prime-nft-club-758e9b2b4e17

The team is continuing to build away on a number of key items that we'll be sharing with you all soon:

1. Incentivized Testnet with leaderboard

2. Development of KPI options and other exotic options

3. Project partnerships for launching DDOVs for other projects

Thanks for tuning in Buffer fam. Hope you have a great week! 🙏

📢Buffer Bi-Weekly Update!

Hi @everyone!

We hope everyone in the Buffer community is doing well - it’s been great to see markets slowly coming back to life and hoping it’ll be an exciting few months coming into the end of 2022! The team are working hard behind the scenes, building and delivering on our vision for the Buffer Finance protocol.

As many of you know we’ve been busy building the Buffer V2 features and it’s the primary focus of our development efforts at the moment. Below is a quick update on what’s coming up soon and we’re looking forward to sharing some more announcements about Buffer V2 with you shortly:

1. Incentivized Testnet with leaderboard - 📢 announcement coming soon!

2. Quick and OTC options (currently in internal testing)

Don't forget to check out the Buffer V2 testnet and test out the new features - we’re always keen to get user feedback and receive any bug reports. All links in the Twitter post below:
👉 https://twitter.com/buffer_finance/status/1545075274945122305?s=21&t=jWpD_oog8VFT6WB_xpMzHA

Thanks for tuning in Buffer fam. Hope you have a great week! 🙏

📢 We are thrilled to announce V2 incentivized testnet will be live on
@0xPolygon in <24 hours ⏰

Details👇
☑️ Duration: 2 weeks
☑️ Venue: http://testnet.buffer.finance
☑️ Start time: 19th August 17:00 UTC
☑️ Reward pool: 100,000 $iBFR

💰Rewards for lowest PnL 📉as well

Link for further details - https://bit.ly/3Awb6W0

@everyone Because of the sudden surge in bot spamming we have decided to pause Testnet for now and directly restart the next batch on the 26th of August at 5:00 pm UTC. For this week only trades till 24th August at 5:00 pm UTC will be considered.

1. We will limit USDC claims to once at the start of the competition and all claims will be verified via Twitter RT.
2. Also a new scoring mechanism is worked upon which will completely dis-incentivize spamming bot activity (These spam bots are the reason for the current low performance of our exercise bot)

Again we are not trying to stop bot activity or automated trading. But spamming just because there is zero cost in using Testnet will disincentivize actual traders (who place independent trades based on price movement).
All spam bot scores will be completely removed retrospectively from the leaderboard.

Thanks to everyone who participated in this batch of Testnet - the UX and rewards will just gonna get better in the next batch so stay tuned!

👋Hello Buffer Community,

V2 Incentivized Testnet (Week #2) is now LIVE on Polygon Testnet!📢


✅ For week 1
1.We will be rewarding the top 7 scorers and least scorers.
2. Least scorer reward will be discontinued for Week 2.

You can check previous weeks winners via the below link
https://testnet.buffer.finance/POLYGON/leaderboard/1/incentivised


What’s new?
✅USDC Faucet:
- USDC claims can only be made once at the start of the competition;
- Verification via tweeter is required for the claim
- Claimed USDC tokens cannot be transferred from one wallet to another

✅Leaderboard Scoring:
- The total token minted will be considered the base for leaderboard scores.
- Total token balance at the end of the tournament will be divided by the total minted tokens
- No reward for the lowest scorer this week
- You can directly check the score on the leaderboard

Details:
Venue: https://testnet.buffer.finance
Duration: 1 week
Date & Time: August 26th at 17:00 UTC to September 2nd at 17:00 UTC
Reward Pool: 50,000 $iBFR (Top 10 winners)

Ready to place your best trades, anon?

Guide to get started👇
https://buffer-finance.medium.com/guide-how-to-trade-on-buffer-v2-testnet-23213b475369

@everyone week-2 of the incentivized Testnet has officially ended.

Congratulations to all the winners, we will be airdropping $iBFR tokens to the winners' wallets on the BSC chain in the coming week.

Also, stay tuned for more incentivized testnets and other competitions. Announcements coming soon!

👋Hey Buffer Fam,


BIP 01, Buffer's first snapshot proposal is live, giving decisional power to the community.


Summary: Migrating iBFR tokens (on BSC) to $BFR tokens (on @arbitrum)


Vote today, here👇

https://snapshot.org/#/bufferfinance.eth/proposal/0x11b63c7426bec31adca8b51fb132da719247404982ae82b298e853c9ce180a8e

Link to Buffer Space - https://snapshot.org/#/bufferfinance.eth


How to vote?

1️⃣Go to snapshot link above

2️⃣Connect your MetaMask wallet and switch to BSC Mainnet.

3️⃣Select the "Token migration" proposal

4️⃣Vote "Yes" or "No."


Starting now, the voting period will last 5 days.


Once the voting period is over, we will announce the outcome.


If the proposal is approved, we will share additional migration details and a guide on how to migrate your tokens.


The decision-making power rests with the community now, so whether or not these proposals go through is up to the vote!🙏

👋Hello Buffer fam!
📢Buffer v2 is now live on Arbitrum Görli Testnet!

This is the moment you have been waiting for!

✅Check it out, here👇
https://testnet.buffer.finance/ARBITRUM/binary/BTC

✅Instructions on how to get started, here👇
https://bit.ly/3QXH8z0

Stay tuned for more details on migration after the voting period ends tomorrow!

👋Hey Buffer Fam,

Voting for BIP-01 is now closed.

The proposal to migrate iBFR tokens (BNB chain) to BFR tokens (Arbitrum) has passed with 96.56% YES votes!

We appreciate the support of everyone that voted and took part in the discussion!🤝

Stay tuned for migration details!

Hi @everyone,

We will be officially starting the migration process from BNB chain to the Arbitrum chain today.

You can check out the details on how to transfer your tokens to Arbitrum here.
https://buffer-finance.medium.com/ibfr-to-bfr-token-migration-is-now-live-b8bc1e46452b

Key things to note
1. You get 1 $BFR token for 1 $iBFR token (so no value dilution)

2. You can transfer tokens to the main deployed contract directly via this like - https://app.buffer.finance/BSC/migration

3. If your tokens are under vesting you can claim the unclaimed tokens here - https://app-v0.buffer.finance/vesting

4. If your tokens are unvested - then you need not do anything; same vesting schedule will be started on Arbitrum

5. You will start receiving $BFR tokens on Arbitrum in the same wallet within 72 hours of transferring from the BNB chain

6. Arbitrum $BFR contract address will be announced after deployment on all the social channels

👋Hey Buffer Fam,

We're happy to present you with the newest development in the Buffer ecosystem – The New and Improved UI.

What's new?
✅First, the landing page has been completely refactored to be more intuitive. We have aligned it with the recent developments on Buffer V2, including the upcoming launch on Arbitrum.

✅Secondly, we added a Practise Trading Page. You can now play with your trades risk-free. The practice trading page is especially useful for beginner traders, allowing you to make mistakes and experiment with different strategies with zero risk.

Check it out here👇
https://buffer.finance/

We look forward to your feedback and suggestions on improving it further!🙏

📢Important Migration Update!

$BFR is now listed on Uniswap v3 Arbitrum

https://app.uniswap.org/#/swap

$BFR Token Address: 0x1A5B0aaF478bf1FDA7b934c76E7692D722982a6D

🚨𝗗𝗼 𝗻𝗼𝘁 𝘁𝗿𝗮𝗱𝗲 $𝗶𝗕𝗙𝗥 𝗼𝗻 𝘁𝗵𝗲 𝗕𝗡𝗕 𝗰𝗵𝗮𝗶𝗻 𝘆𝗼𝘂 𝗺𝗶𝗴𝗵𝘁 𝗳𝗮𝗰𝗲 𝘃𝗲𝗿𝘆 𝗵𝗶𝗴𝗵 𝘀𝗹𝗶𝗽𝗽𝗮𝗴𝗲🚨

Hi @eveyone

beta version of $BFR staking & USDC liquidity pool is now live on Arbitrum mainnet!

👉 https://app.buffer.finance/ARBITRUM/earn

For more details - https://buffer-finance.medium.com/introducing-all-new-bfr-staking-and-liqudity-pool-ba4b888ba470

👋Hey Buffer Fam,

Many of you've been curious about the mechanics around the esBFR token.

Here’s a quick explainer🧵👇

📋What is esBFR?
✔️Escrowed BFR or esBFR lies at the center of Buffer's escrow system.
✔️It is a non-transferable reward token emitted to BFR stakers & BLP stakers
(Minted on adding liquidity to USDC vault) 

📋Yield accrual:
With esBFR, users can:
✅COMPOUND:
- stake esBFR to earn rewards (fees + esBFR). Staking esBFR entitles you to the same rewards as you would have earned by staking BFR.
✅CLAIM:
- Withdraw esBFR to your wallet, which can then be vested to BFR over 365 days by depositing the claimed esBFRs into the vesting vault.

📋Vesting details:
✔️Through vesting, escrowed BFR (esBFR) tokens can be converted into BFR tokens, accessed via vesting vault on https://app.buffer.finance/ARBITRUM/earn
✔️To vest, users must put some BLP or BFR tokens to reserve that were used to earn the rewards.
✔️While esBFR are vesting, reserved tokens cannot be un-staked, but they still keep earning the rewards
✔️To unstake reserved BLP or BFR tokens, you need to first withdraw them from the vesting vault. It also sends unvested esBFR tokens and vested BFR tokens to your wallet
✔️Vested BFR can be claimed anytime during the vesting period, and new esBFR can be added to the vesting vault 
✔️If you don't have enough staked BLP or BFR tokens to vest your esBFR tokens, you might have to buy BFR tokens or add liquidity to the USDC vault and mint BLP tokens.

For more information on esBFR, go here👇
https://buffer-finance.medium.com/introducing-all-new-bfr-staking-and-liqudity-pool-ba4b888ba470

We will be releasing the documentation for Buffer V2, which can be your go-to doc for all FAQs and all the other protocol mechanics.

For any more queries, reach out to us here:
💠Discord:
https://discord.com/channels/842093373082959952/1021467584882810972
💠Telegram:
https://t.me/bufferfinance

@everyone we are running a poll to know more about our community's trading preferences.

https://twitter.com/Buffer_Finance/status/1579724455416594432?s=20&t=HSZHvarDpHUiE5BffZs8lQ

👋Hey Buffer Fam,

We’re thrilled to announce that trading on Buffer V2 starts tomorrow, Oct. 14th, with the Mainnet Beta launch on Arbitrum!🚀

Feeling left out as an LP? But you’ve got the edge! 😎

Join the BLP club where you earn #RealYield:
👉70% of the trading fee in USDC
👉 esBFR tokens
👉++ Probabilistic edge

Here’s all you need to know about Buffer USDC vaults & BLP token👇
https://buffer-finance.medium.com/all-you-need-to-know-about-usdc-vaults-liqudity-pool-and-the-blp-token-d743b258da1d

👋Hey Buffer Fam,

📢Trading is now LIVE on Arbitrum!

Before you start opening your simple UP and DOWN positions, here's what you need to know about Buffer Mainnet Beta👇
https://bit.ly/3exJMhO

Start Trading: app.buffer.finance

Not much of a reader? Here's a quick breakdown of the critical details🔽

💠 To build trust in the protocol and ensure that Buffer is functioning as expected, we set up the following features to manage risks:

☑️Trade size limit: Max trade size can be 2% of the available liquidity.

☑️Max utilization of vault: Max vault utilization at a time is capped at 64% of the total available liquidity

Report your bugs here👇
https://discord.com/channels/842093373082959952/1021466946639777903

💠Supported Assets:
ETH-BUSD
BTC-BUSD
ETH-BTC
EUR-BUSD

Happy Trading!

👋Buffer Fam!

📢USDC reward emission has been started 💰💰

Check out the APR for $BFR staking pool and USDC vault👇
https://app.buffer.finance/ARBITRUM/earn

👋Hey Buffer Fam,

📢You asked we delivered!

New trading pairs added on Buffer:
👉 $ADA/BUSD
👉 $XRP/BUSD
👉 $SOL/BUSD

Start trading, here👇
https://app.buffer.finance/ARBITRUM/binary/ETH-BTC

New to one-click simple UP/DOWN options?
Get started, here👇
https://buffer-finance.medium.com/buffer-v2-trading-mainnet-beta-is-now-live-on-arbitrum-f755ea955b0c

More pairs coming soon!🦾🙌