Bumper Price (BUMP)

Bumper is a DeFi protocol that protects the price of crypto assets.

Users of protection set a floor price, and if the market crashes, their asset will never fall below that price. Importantly, if the market pumps, their asset rises too.

Protected positions incur an incremental, floating premium based on asset price movements. This in turn is used to incentivise the complementary side of the market wherein stablecoin depositors may supply stablecoin into a liquidity reserve and earn a yield.

To learn more about this project, check out our deep dive of Bumper.

Bumper’s Native Token is used for;

Protection Takers to pay premiums Protection Makers to receive a yield Incentivise all protocol actors to bootstrap network effects Staking to increase protocol efficiency and robustness Governance token to vote on protocol evolutions

Bumper tools include:

DApp to allow protection Takers to select their protected floor and associated premium DApp to allow protection Makers to receive a yield for being liquidity provider Protocol to balance ratios between Takers and Makers Protocol issuing representative bETH to Takers Protocol issuing representative bUSDC to Makers

How Many Bumper tokens are in circulation?

Total Circulation is 250m Bumper protocol launched its Liquidity Provision mainnet on July 14th 2021

Who Are the Founders of the Bumper Protocol?

Bumper Cofounders are:

Jonathan DeCarteret - Chief Exec - Formerly founder of the UK’s 60th Fastest Growing Company - https://www.linkedin.com/in/jonathan-decarteret/

Gareth Ward - COO - Strong background in Commercial Management and Operations . https://www.linkedin.com/in/garethward/

Samuel Brooks - CTO - Formerly lead architect at Block8, key designer of Havven. https://www.linkedin.com/in/samuelgbrooks/

Jason Suttie - CMO - Formerly founder of digital agency Copper. https://www.linkedin.com/in/jasuttie/

Where Can I Buy Bumper Protocol (BUMP)?

BUMP is currently available on UniSwap