Buffer finance | Announcements
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1st ever gamified on-chain options trading platfrom.
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New feature update

1. Option/prediction NFT:
All predictions and options are minted as NFTs. All the minted NFTs can be listed on the NFT marketplace for sale.

2. Default Auto-close: All options and predictions will have Auto-close switched on by default

3. Option Trading window: The stock options trading window will only be open from 2:45 pm to 8:45 pm UTC - this will prevent recent LP losses.

4. Tier system based on token ownership: Some features & community discussion would be available to only $iBFR holders (Detailed tiers would be announced soon).
Buffer finance | Announcements pinned ยซNew feature update 1. Option/prediction NFT: All predictions and options are minted as NFTs. All the minted NFTs can be listed on the NFT marketplace for sale. 2. Default Auto-close: All options and predictions will have Auto-close switched on by defaultโ€ฆยป
๐Ÿ”Š Hi @everyone we are looking for a content creator. If any of the community member is interested in working with core team of buffer finance can reach out to @feyman101 on Telegram.

We are hiring ๐Ÿฅณ

๐Ÿ“Œ Role
: Content Creator | Part-time | Less than 15 hours per week

โ˜‘๏ธ Responsibility: Create blogs, product screencasts, and Twitter threads to be circulated via top influencers, and to be published on our official Twitter handle

๐Ÿ“ Requirements:

1๏ธโƒฃ Basic understanding of financial products
2๏ธโƒฃ Experience in using Defi protocols like yield farms, option protocols, trading, etc.
3๏ธโƒฃ Communicating complex concepts into simple understandable language.
4๏ธโƒฃ Proficiency in English writing and speaking

๐Ÿ’ต Compensation: Can be a mix of stable coin and project native token. Anyone willing to work only for native tokens ($iBFR) would be highly preferred.

โ˜Ž๏ธ Contact person: @feyman101
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๐Ÿ“ข Hi Community members,

Our content creation group in now open for everyone to join.
Where you can create & post your content to win $iBFR rewards.

If you are interested in being part of #BufferContentArmy please join
๐Ÿ‘‰ https://t.me/+ttSBOhP7mIE1ZmY9

๐Ÿ”ธDetails on how to participate are shared in the group itself
Fud vs Reality from Team Buffer

1/
FUD: Roadmap has not been complete
Reality: Community governance is not introduced to build features faster.
Buy Backs, and CEX listing is in pipeline but has to be strategically planned else it might go against token holders' interest. Everything else in the ROADMAP is done.

2/
FUD: Option prices are not benchmarked
Reality: ATM prices of all the crypto assets are very close to Deribit prices. Recently, prices were a little high due to increased IVs, and high liquidity utilization.

3/
FUD: There is a lack of communication
Reality: All questions by community members are answered in the group within a few minutes.

4/
FUD: Token supply is high
Reality: <15% of the tokens have been released, and a large percentage of it is staked in the revenue share pool.

5/
FUD: Marketing is not being done
Reality: There is regular PR coverage. Announcements will be more frequent as we release a revised Roadmap. We have already started #Buffercontentarmy to scale our content release.

6/
FUD: There is no liquidity
Reality: More than 50% of liquidity is available right now to buy options - only in case of very high demand the liquidity was unavailable. We are in advanced talks already to get more liquidity in the system.

7/
FUD: No new features are being developed
Reality: A new roadmap has been prepared based on community feedback, and Devs are already building many advanced features. Details soon to follow.

We will also organize an AMA to answer other product, marketing, and content-related queries in the coming week after our new roadmap has been released.
Channel name was changed to ยซBuffer Finance | Announcementsยป
Channel name was changed to ยซBuffer finance | Announcementsยป
๐Ÿ”ˆHi everyone, here's the first glance at some of the upcoming features.

1. For Option buyers.
- Trigger Price and Stop Loss for $iBFR holders
- Better Pricing adjustment - based on liquidity utilization with separate CALL/PUT IVs

2. For liquidity providers/ Yield seekers
- Strategic Vaults for selling covered calls and puts on different assets
- Risk-adjusted liquidity pool with embedded capital insurance & $iBFR farming (So no separate staking)
- Additional yield on collateral by cross staking on other yield farms
- Adjustable lockup period - to be decided by governance

3. For $iBFR holders & community members
- Membership NFTs & DAO treasury launch
- $iBFR covered calls
- Adding time lock incentive to $iBFR revenue-sharing pool. The longer the tokens are locked higher the revenue share and power to vote.

All the above features will be implemented over the Q1/Q2 of this year - timelines & exact details will follow soon.
Our top priority is to start liquidity mining on Avax & launch on the Aurora chain followed by covered calls & cash puts for $iBFR, ETH, and native tokens of partner projects.

Stay Tuned!
๐Ÿ”ˆHi @everyone,

AMA, for community members, will be organized between the 7th of March and 14th of March.

Right now, we are opening a question submission window that will stay open till the 6th of March at 23.55 UTC. If you have any questions regarding product development, team vision, upcoming events/partnerships. You can add them all in the google form using the link below.

๐Ÿ‘‰ https://forms.gle/u7DF3oA89Uy6Z9GH6

Make sure to read the rules before submitting your questions. We will announce the exact date for AMA after the submission window has been closed.
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๐Ÿ”ˆ Hi @everyone,

The AMA for community members will be held on 14th of March 2022 at 16:00 UTC

@feyman101 will address all the questions + there will be a 30 mins session where you can ask your questions in the group itself.
Hi @everyone, we will have to postpone the live session of AMA to tomorrow 16:00 UTC - We will be launching the Testnet for BNB covered calls today followed by AETH (Aurora) covered calls tomorrow on Aurora Testnet.

Meanwhile, answer to the questions submitted by the community members will be posted in the group itself. You can ask follow up questions tomorrow directly from @feyman101 when the live session starts.

Thanks & cheers!
๐Ÿ”ˆ Hi @everyone,

Our call booster (covered call) for BNB is now live on the Testnet

๐Ÿ‘‰ https://testnet.buffer.finance/BSC/call-boosters

Note: Keep option size less than <0.01 BNB to get the write breakeven and premium

We will soon be releasing on BSC Mainnet along with Aurora Testnet.
Hi @everyone,

AETH call boosters (Covered calls) are now live on Aurora Testnet.

๐Ÿ‘‰ https://testnet.buffer.finance/AURORA/call-boosters

You can claim your testnet AETH here - > https://aurora.dev/faucet

They have AETH for Mainnet as well ๐Ÿ˜Š
๐Ÿ”ˆ๐Ÿ”ˆUpdate on CEX listing

Recently, there have been a lot of discussion around CEX listing in the group. We are in touch with a few well known exchanges for $iBFR listing but have finally decided to defer it. Majorly, because of two reasons.

1๏ธโƒฃ As announced earlier, we will be shifting to $iBFR based liquidity pool for prediction markets which will casue a very significant shift in demand of $iBFR token. CEX listing might skew this demand (because most CEX traders are not Defi users).

2๏ธโƒฃ Another important reason to not list right now is that we are working on increasing $iBFR liquidity by many folds to reduce slippage on DEXes this should contain the selling pressure when we do list on a CEX.

For now we plan to list in Q2 of this year but that's subject to changes based on how the V2 launch goes and how the Roadmap evolves over time.
Hi @eveyone, The new Buffer UI/UX is here.

It says V2 on the App but that's not the V2 yet.

The Roadmap will also be updated on the landing page in sometime.

Official announcement coming soon! for the new V2 after some quick changes.๐Ÿš€
Buffer Weekly Update

Hi @everyone! Weโ€™re going to trial providing a weekly update in the Telegram group that will have a summary of key items from the past week and a few points about upcoming/current items the team is working on. Weโ€™ll start this on a weekly basis but we might move to bi-weekly (every 2 weeks) if we feel the updates are more substantial on a bi-weekly basis. Some big things from Buffer recently:

1) Launch of the new Buffer UI/UX

2) Call Boosters live on Testnet and available to all users

3) 2022 Development Roadmap updated on website

4) NFT partnership with tofuNFT announced with further details of the collection to be released

Also great to see Buffer getting multiple mentions on Twitter and in media:

https://twitter.com/VenusQueen19/status/1509969218741014528?cxt=HHwWgMCojaPAvvQpAAAA

https://twitter.com/crypto_thai/status/1510271938509299720?cxt=HHwWkICzkfGUyPUpAAAA

https://twitter.com/MoonShotsGuy/status/1510601890274361355?cxt=HHwWloCyrc2a3vYpAAAA

https://www.msn.com/en-us/money/savingandinvesting/up-and-coming-cryptocurrencies-for-2022/ar-AASDrEU

Some key items the team is currently working on:

1)
Buffer Pro for protocol/DAOs to launch options on their own native tokens

2) Call Booster Launch on Aurora Mainnet

3) NFT Collection Launch

Thanks Buffer fam and weโ€™re excited to continue this journey together as we transition into V2 of the Buffer Finance protocol!

P:S - Thanks to Seb B for curating all this for us.
Buffer Bi-Weekly Update

Hi @everyone! The Team has been busy continuing work on implementing the new features and products weโ€™ve got planned in our 2022 Roadmap. Going forward weโ€™ll look to provide the Telegram group update bi-weekly (every 2 weeks) so that we can cover a number of important items in a larger update. Some key updates from the team recently:

1) Partnership with Flux protocol to support options pricing and settlement on the Aurora network.

2) Announced product details for the upcoming Dynamic Decentralized Options Vaults (DDOVs)

Some items the team is currently working on and should be done before our next update:

1) $iBFR DDOVs Roll-out

2) Launch on Near/Aurora chain

3) Launch of our Trader NFTs

4) Some key partnerships in BNB chain and Aurora Ecosystem

Thanks Buffer fam and hope you have a great week!
Hi @eveyone,

$iBFR call booster and DDOV is now live on BNB chain Mainnet

๐Ÿ”ธ Vault - https://app.buffer.finance/BSC/vault?address=0xa3c5b2F4A1a261026fe85A6e5E658Cc062dAa2db

๐Ÿ”ธCall Booster - https://app.buffer.finance/BSC/call-booster

$iBFR holders who b3lieve $iBFR might not go above $0.14 by next week can deposit their $iBFR to earn yield

And if you believe $iBFR price might go much above $0.14 before next week. You can buy call booster from the call booster interface with BUSD or $iBFR

Currently this is a pilot run so maximum deposit of $iBFR is capped at 5 Million

Make sure you read the risks involved and other details in the vault section before depositing your $iBFR.
Buffer Bi-Weekly Update

Hi @everyone! The Team has been busy working on several features and developments.

Some key updates from the team recently:

1) $iBFR Call Booster and DDOV live!
For more info on how the Buffer Dynamic Decentralized Options Vaults (DDOV) work, check out the article below:
https://buffer-finance.medium.com/introducing-buffer-ddov-d32eb109557a

2) Announced partnership with Solv Protocol to enable the minting of options as semi-fungible NFTs.
This allows options buyers to use NFT marketplaces as a secondary market to buy, sell, and auction option positions. More on this partnership here:
https://medium.com/solv-blog/solv-buffer-a-financial-instrument-targeting-the-options-market-option-voucher-150dc7449380

And you can hear from our co-founder Feynman discussing these new options vouchers here on the Solv Community Call:
https://www.youtube.com/watch?v=fNlMO7YfLkM

3) Appointed @HL_Lysis to the position of Social Media Manager for Buffer Finance
Weโ€™ve already been busy planning lots of content to promote Buffer to new users and provide educational content and resources to grow user adoption as the platform develops. Our new subreddit is live today too so please check it out!
https://www.reddit.com/r/bufferfinanceofficial/

4) Opened our Community Feedback and Suggestions form
This is to collect as much feedback from our community regarding potential strategies to promote the project and general feedback on the platform itself. If you havenโ€™t had a chance to fill it in please take a few moments and let us know your thoughts!
https://docs.google.com/forms/d/e/1FAIpQLSfKB2MjkLclILaMyTiyvzYaAAZdBnezsjWQ7aHkZ8jsEZD1Iw/viewform

Thanks Buffer fam and hope you have a great week!