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Premium Rebate

Epoch 1 Premium Rebate Details

From 19 Dec 17:00 UTC until 26 Dec 16:59 UTC Bumper will be offering a rebate on premiums incurred for Takers.

For the first position taken out by an individual wallet up to $25 worth of premiums will be airdropped if all qualifying criteria are met.

Epoch 1 reward pool is $2,500.

‍Details
‍
- Minimum deposit value of $1,000 at the time the position is opened.
- Applies to Taker positions opened in both wstETH and wBTC.
- Rebate applies only to the first position per wallet.
- Rebate is applied up to the first $25 of accumulated premium.
- If less than $25 of premium is incurred before the end of the epoch, then the entire premium will be rebated.
- If your first position incurs less than $25 worth of premium the remainder won’t be carried forward.
- One rebate airdrop per wallet.
- Rebate will be airdropped in USDT on Arbitrum chain.
- Epoch 1 Airdrop will happen shortly after January 8, 2024.
- No need to make a claim - airdrop will be sent directly to qualifying wallets.

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