Announcing Buffer V2 Incentivized Testnet on Polygon!

We’re thrilled to announce the launch of an incentivized V2 Testnet on Polygon on 19th August 2022 at 5:00 pm UTC with rewards up to 100,000 $iBFR.

The road to Buffer V2 Mainnet will pass through a series of incentivized Testnet. To that end, our community has already experienced using the V2 Testnet. As we have witnessed before from our enthusiastic community, we look forward to members coming together to build a secure, reliable, seamless, decentralized options trading protocol.

The testnet has two primary goals:

  • To ensure that the Buffer V2 is ready to launch in the most optimistic setting positions. Binary options and other fast-paced options are relatively new in Defi and the testnet allows anyone to engage, understand and familiarize with the platform before interacting directly on the Mainnet.

The trademark of Buffer’s incentivized Testnets, our gamified leaderboard remains intact!

Competition Details:

  • Duration:
    Week-1: 19th August 2022 5:00 pm UTC to 26th August 2022 5:00 pm UTC
    Week -2: to 26th August 2022 5:00 pm UTC to 2nd September 2022 5 pm UTC

Update 26/08/2022 for week 1 only trades placed between 19th August 5:00 pm UTC to 24th August 5:00 pm UTC were considered.

How to participate?

  1. Hop on to the V2 Testnet on Polygon here👉 https://testnet.buffer.finance/POLYGON/binary/BTC. Trade binary options to generate positive PnLs.

Incentivized Testnet Leaderboard

Have you ever wanted to compete with your friends competitively over PnL? Now, any trader can objectively prove how talented they are, prove their ranks, and get crowned the top trader with our Leaderboard.

On the leaderboard, traders will be able to view:

  • Rank — position of the trader in the incentivized testnet competition

Update* 26/08/2022 — Score intorduced retrospectively for both week 1 participants as well

We also want every trader to be able to participate and enjoy their time on the testnet, which is why there will be two categories of prizes:

  • Highest %PnL **

Update* 26/08/2022 — Lowest PnL was considered only for week 1 and Highest PnL has been switched to Highest score

Rewards & Winning Criteria

The top 7 traders with the highest score and 3 traders with the lowest score will be rewarded (only for week 1 ) For the 2nd week only the top 10 scores will be awarded.

*The competition can be extended after the 2-week period has ended depending on user participation.

For any other queries, please feel free to reach out to us on Telegram or Discord.

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