The LP Program hasn't started yet.
100% of the yield earned from the Yearn vault will be distributed to eligible LPs for the epoch.
The $BUMP rewards pool will be distributed between all eligible deposits, based on the proportion of the total eligible deposits.
Reward epochs will run on a rolling two (2) week schedule. Each epoch begins as one ends, every two weeks.
During each epoch (2 weeks) we will distribute over 137,000 BUMP tokens to depositors - with a Pre-Sale value of nearly $150k.
Participants deposit USDC into the Bumper protocol and earn USDC and BUMP rewards. Rewards are calculated over a two week period - an epoch.
If you deposit USDC before the start of the epoch and keep your money in till the end of the epoch then you will receive your share of the USDC rewards.
You will also receive a share of the fortnightly BUMP token distribution. Both rewards are proportional to your minimum holding during the epoch.
You're free to deposit and withdraw whenever you wish, but rewards will only be calculated on the minimum amount held in the protocol over the 2 week epoch.
Participants receive their yield after the conclusion of each 2 week epoch.
The first epoch will start on Oct 14 at 12pm UTC and end on Oct 21 at 12pm UTC. Epochs will then occur every two weeks thereafter.
Want to protect the price of your crypto? You need $BUMP.
Want to be part of the building blocks of the DeFi future? You need $BUMP.
On October 14 at 12pm UTC the Bumper Pre-Sale opens to protectors and visionaries alike. Those keen to ditch sleepless nights worrying about impending dumps, or those who want to leverage their protected position to go higher. Pre-Sale will close on October 21 at 12pm UTC, unless all available tokens are sold before then.