Bumper

After 3 years of R&amp;D, The Bumper protocol is launching on the Ethereum mainnet on September 7, 2023*. Bumper is a completely groundbreaking protocol that is set to redefine the way you protect your crypto, and is best described as an innovative risk market for the DeFi age. On one side, crypto holders &#39;bumper&#39; their assets into the protocol by choosing a price floor and a term. When the term expires, if the price is below the floor, they exit, claiming USDC stablecoins at the value of the floor. Otherwise, they simply retrieve their originally protected tokens. On the other side, liquidity providers earn yields from the premiums paid by those buying protection in return for depositing USDC stablecoins and assuming some of the risk. The protocol has been designed to be as simple as possible for users to trade risk and profit from market volatility. More importantly, unlike options desks, which are highly complex, Bumper allows users to defend their actual tokens from market drops and black swan events.<h2 id="header-0">Why Bumper?</h2><ul><li>Protection Tailored to Your Needs: Choose the amount of crypto to lock, set a floor price, and select a term length. If the price falls below the floor, claim stablecoins at that value. If not, reclaim your crypto. It&#39;s protection, simplified. </li><li>Earning Opportunities for the Savvy Investor: Deposit USDC as liquidity and enjoy <a href="https://www.bumper.fi/post/an-analysis-of-bumper-yield-potential" rel="noopener noreferrer nofollow">yields ranging between 3-18% per annum</a>. Bumper&#39;s transparent and efficient model is designed for those who seek to maximize their returns. </li><li>Cost-Efficient and Accessible: Bumper&#39;s innovative approach is <a href="https://www.bumper.fi/post/an-analysis-of-bumper-protection-for-crypto-assets" rel="noopener noreferrer nofollow">on average 30% cheaper</a> for protection seekers compared to put premiums on traditional crypto options platforms. With a user-friendly and simple to navigate dApp, Bumper is accessible to everyone, from seasoned investors to those new to the crypto space.</li></ul> Bumper&#39;s unique design has the potential to disrupt traditional options desks and pave the way for a more fair and transparent hedging market in the world of crypto. It offers a more flexible and price-efficient hedging solution, allowing crypto holders to hedge against downside risk without losing out on upside gains, while simultaneously providing liquidity providers with an attractive yield.In essence, Bumper offers a simpler, more cost-efficient, and easier-to-manage <a href="https://www.bumper.fi/post/navigating-the-complex-world-of-crypto-options" rel="noopener noreferrer nofollow">alternative to trading crypto options</a>, and is a game-changer for those who want to protect their investments or earn a yield in the crypto market. <h2 id="header-1">Follow Bumper</h2>Bumper&#39;s launch on September 7, 2023*, is more than just the introduction of a new DeFi protocol; it&#39;s the beginning of a revolution in crypto protection and earning.Visit <a href="https://bumper.fi" rel="noopener noreferrer nofollow">Bumper&#39;s website</a> to learn more and join the <a href="https://discord.gg/YyzRws4Ujd" rel="noopener noreferrer nofollow">growing community here</a>. EDIT: Bumper&#39;s launch date was originally scheduled for 31 August, 2023, however it has been postponed by 7 days to allow for final testing.

Bumper protocol launches 7 September 2023 - Welcome to a new world of crypto risk management.

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Bumper

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