Buffer is a gamified options trading platform that empowers anyone around the world to buy and settle options on multiple assets directly against a liquidity pool. 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 a liquidity pool without the need of a counterparty (option writer).
You can participate in the protocol ecosystem by following ways:
- Buy $iBFR token and hold to earn perpetual revenue share, stake to earn liquidity mining rewards, and vote for features or burn to participate in our milestone-based buybacks
- Become a liquidity provider and earn yield over your BNB, WETH, and WBTC holdings on Binance Smart Chain. (More BEP-20’s coming soon)
- Buy customizable options by customizing strike prize, option size, and expiry date
- Participating in prediction games by predicting BNB's price movement to buy options
- Buy insurance on your BNB holding to protect yourself from sudden price fluctuation.
What are the benefits of using iBuffer?
- Non-custodial: All the liquidity is auto managed by an immutable smart contract
- Bidirectional liquidity pools: One pool to write both put and call options no separate USDT and BEP-20 pools required
- Trustless: On-chain trustless settlement for each contract (Fully decentralized)
- American style options: Can be exercised anytime before expiry
- Customizable: Option buyer can choose any strike price
- Zero liquidity risk: Locked liquidity for each option removes counterparty and liquidity risks for option buyers
- No-censorship: No-KYC or registration required
- Yield-farming: Earn yield over any BEP-20 token (Starting with WBNB, WETH, and WBTC)
- Diversification for liquidity provider: Diversify risk by a single liquidity pool for both call and put options.
