Leaderboard Week-3 Updates
We are now in week-3 of our Incentivised Testnet with 2X rewards and 3X winners
TL;dr (Summary) Leaderboard updates.
- Reward pool increased from 200k $iBFR to 400k $iBFR
- Total winners for Top LPs and Top Traders increased from 5 to 15
- Challenge timeline extended from 4 weeks to 8 weeks
- UI suggestion and bug reporting winners reduced from 20 to 10 and total reward per winner reduced from 1000 $iBFR to 500 $iBFR
- Unallocated rewards of 5,000 $iBFR will be given out as giveway; Announcement coming soon.
We have been seeing constantly increasing activity on our Testnet and Leader board. More than 1200+ unique wallets have interacted with our Tesnet in last 2 weeks since launch.
Last week we expanded the leaderboard challenge for users providing just liquidity by introducing a new Liquidity provider leaderboard where we are ranking top LPs based on only total BNB they added to the liquidity pool which reflects as the total rBFR issued. Top LP leader Board will continue in upcoimng weeks
If you are new to Buffer Finance’s Testent checkout the articles below.
Update on LeaderBoard
- Total number of winner for both Top Traders and Top LPs has been increased from 5 to 15 every week.
- Order data will be taken only for the running week and scores won’t be added from the previous week so anyone new can join anytime without loosing out the opportunity to win rewards.
You can keep track of weekly winners and rewards here
Running Week details:
Week 1: 05/07/2021–12/07/2021 || Reward Pool 50K $iBFR || Start time 5:30 pm GMT
Week 2: 12/07/2021–19/07/2021 || Reward Pool 50K $iBFR || Start time 5:30 pm GMT
Week 3: 19/07/2021–26/07/2021 || Reward Pool 50K $iBFR || Start time 5:30 pm GMT
Week 4: 26/07/2021–02/07/2021 || Reward Pool 50K $iBFR || Start time 5:30 pm GMT
Week 5: 02/08/2021–09/08/2021 || Reward Pool 50K $iBFR || Start time 5:30 pm GMT
Week 6: 09/08/2021–16/08/2021 || Reward Pool 50K $iBFR || Start time 5:30 pm GMT
Week 7: 16/08/2021–23/08/2021 || Reward Pool 50K $iBFR || Start time 5:30 pm GMT
Week 8: 23/08/2021–30/08/2021 || Reward Pool 50K $iBFR || Start time 5:30 pm GMT
Update on total reward pool size
We have also increased the reward pool size for incentivized Testnet from 200K $iBFR to 400K $iBFR. Out of the total reward pool of 400K $iBFR; winners of 100K $iBFR rewards have already been declared. You can check the details here
Updates on UI Suggestion/Bug bounty reward pool
Although, UI suggestion has been a little repetitive and low quality looking at which we have decided to reduce the number of winners for the UI suggestions and bug reporting to 10 per week reward pool from 20K $iBFR to 5k $iBFR. We still really value our user’s genuine feedback towards improving our product quality and would be continuously keeping track of high-quality and unique suggestions.
To know more about our scoring formula for Top traders and how to participate in the UI tweet suggestion challenge checkout the article below.
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.
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