At its heart, Bumper is a risk management tool which provides price protection for crypto assets from downside volatility and market crashes. Although Bumper shares some similarities with Stop Losses, Options Desk and insurance policies, there are significant differences in Bumper’s architecture, functionality and approach to managing risk.
The three primary ways to user Bumper are to:
Learn how to safeguard your crypto assets with Bumper's protection positions. This guide details how to use the Bumper dApp to set a floor price for your crypto, and protect your tokens from downside price movements.
A concise guide on how to earn yield on your stablecoins by providing liquidity to Bumper. How to open, close and renew your position.
This guide explains how to participate in Bumper's DAO and stake tokens to gain vBUMP voting power, the pre-requisite for voting on governance proposals.
To participate in Bumper’s LSTfi wstETH-USDT market, traders can either deposit Lido wrapped staked ETH on Arbitrum into the protocol, or buy wstETH on the market to essentially trade ETH market volatility.
Bumper’s first priority is an unwavering commitment to providing a safe, transparent, and innovative platform for crypto enthusiasts. Experience the future of crypto risk management with confidence and peace of mind.
We have engaged with some of the best teams in the world to work with us to create the most secure and robust smart contracts, and we’re meticulous about ensuring the resilience of our contracts.
But that’s not all. We’ve hired leading smart contract auditors to perform rigorous security reviews on Bumper’s smart contracts to ensure the safety of users funds whilst using the protocol.
Bumper's commitment to security extends beyond smart contracts. We implement comprehensive full-stack security measures that encompass every aspect of our platform.
From front-end interfaces to back-end databases Bumper is committed to providing a seamless and secure user experience.
Bumper prioritizes economic security in decentralized finance, excelling in all market conditions, including bear markets and 'Black Swan' events.
Extensive multi-year simulations, based on trusted third-party historical price data, confirm Bumper's sustained solvency and resilience in challenging scenarios. Ongoing real-time simulations enhance our understanding of the dynamic market landscape.