Ensuring there is sufficient liquidity to facilitate frictionless swaps is a crucial milestone in our roadmap. Our liquidity mining program runs for 13 week-long epochs, with 140,000 BUMP being distributed to LP’s during each epoch.
To participate in the Liquidity Mining program, users need to supply BUMP and USDC tokens into Uniswap v2’s BUMP-USDC pool and then stake their Uniswap LP tokens into the Bumper dApp LM module. Rewards are calculated based on the amount and length of time LP tokens are staked during the current epoch, with rewards claimable at the end of each weekly epoch.Participants have the ability to stake and unstake at any time, with no minimum lockup period.
Liquidity Mining Program Rewards
A total of 1,820,000 BUMP will be made available to Liquidity Mining program participants, split equally across each epoch and proportionally shared based on the total amount of LP tokens deposited in the program. Each epoch runs for one week, beginning at 12 pm UTC on Wednesdays and ending at the same time on the following Wednesday. Participants are automatically enrolled in the subsequent epoch without needing to take any additional action.Join Bumper's Liquidity Mining program and start earning rewards for providing liquidity to the BUMP-USDC pool on Uniswap v2.
Who can participate?
Anyone who has both BUMP and USDC tokens in equal (dollar) values can provide liquidity to the Uniswap DEX.
How much BUMP and USDC do I need?
This is ultimately up to you, but the more you provide the greater the rewards. We do recommend being aware that gas fees may eat up potential profits for those who provide very small amounts of liquidity.
This depends on the size of your position. 20,000 tokens are emitted daily, so if you account for 1% of the liquidity pool, you would earn 200 BUMP daily, in addition to your share of the trading fees on the Uniswap DEX.
My BUMP tokens are currently all staked. How can I participate?
Until March 15, 2023, you will be able to use the eject button on the existing staking dApp to exit.
Where can I buy BUMP?
You can buy BUMP on Uniswap. We have both a USDC pool on v2 and a WETH pool on v3
Still have questions? Jump into Discord and ask our community.
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