Getting started with Buffer incentivized testnet

This is a step-by-step guide on how to use the Buffer incentivized Testnet

Getting started with Buffer’s incentivized testnet

Setup Binance Testnet

  1. Install MetaMask or other wallet supporting Binance Smart Chain.
  2. Configure your Metamask for BSC and BSC Testnet
  3. Fund your wallet with BNB via the BNB Testnet faucet

Buy Options

  1. Visit → https://testnet.buffer.finance/
  2. Connect your MetaMask wallet with the BSC testnet
Connect wallet
  • Option Type: Put or Call
  • Options Size: Amount of BNB for which you want to buy the option
  • Strike Price: Set your own strike price
  • Period: Select the period for which the option will be active and exercise anytime before the option expires

Provide Liquidity

  1. Go to the provide liquidity section
  2. Deposit liquidity in the choice of your liquidity pool (Currently BNB pool is present on testnet)
LP

Have any suggestions or queries?

Learn how you can win $iBFR rewards by suggesting features, UI improvements, or reporting bugs → here

About Buffer

Buffer is a non-custodial on-chain peer-to-pool options trading protocol that works just like an Automated Market Maker (eg: PancakeSwap) where traders can create, buy, and settle options against liquidity pool without the need of a counterparty (option writer). Buffer makes options trading accessible to everyone and much more efficient than its centralized counterpart.

Important links

  1. Discord server → https://discord.gg/Hj4QF92Kdc
  2. Telegram group → https://t.me/bufferfinance
  3. Twitter (DM open) → https://twitter.com/Buffer_finance
  4. Medium → https://buffer-finance.medium.com/
  5. Website → https://www.buffer.finance/
  6. Testnet → https://testnet.buffer.finance/

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