@alozie · Dec 6, 2023, 09:10
The Buffer USDC Vault acts as a counterparty to all trades placed on the Buffer Options trading platform.
Whenever a trader wins, the vault loses, and whenever a trader loses, the vault makes a profit.
In return, the vault receives 70% of the trading fee earned.
As long as the fees earned are greater than the trader's profit and loss payouts, the vault earns a positive return.