Epoch Closure

For the last year, our Epochs have been generating yield for early supporters via our pooled yield farming programme.

Now, as we proceed through the next stages of development, we’ll shortly be closing down obsolete programmes to enable the restructuring of Bumper’s smart contracts and codebase in preparation for our mainnet launch, and this includes the closure of our Epoch's. This will include the withdrawal of Bumper’s treasury funds as well, and will result in a drop in reported TVL on DeFi tracker websites.

Users with funds remaining deposited in the Bumper Epochs program are encouraged to withdraw their USDC tokens from the Epoch’s module.

Please note, this closure does not affect those users who are staking BUMP tokens in the Bumper protocol. 
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Yield Opportunities

There will continue to be opportunities to earn yield via Bumper, including depositing stablecoins into the Earning module, which will be released closer to mainnet launch.

Of course, BUMP token holders can support the project whilst earning a return by staking tokens. 

Staker's earn a proportional share of the daily distribution on either fixed or flexible terms, with increasing multipliers up to 6x for longer-term (90-day) fixed staking, and this facility is available now!

Demand for the token is expected to increase once the protocol mainnet is launched, as users will be required to hold and bond BUMP in order to open positions. Thus, BUMP holders who stake tokens will passively increase their position by supporting the project and depositing BUMP into the staking module.

‍Go to the Bumper dApp and Stake BUMP

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Epoch Distributions

Over the last year, more than 23M USDC was deposited into Bumper’s Epochs, with an average deposit size of 18,420 USDC. 

717,000 USDC in total yield, comprising of BUMP and USDC tokens has been distributed to depositors.

All in all, not a bad return for those who participated.

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How to withdraw funds from Bumper’s Epochs

1. Connect your wallet to the Bumper dApp.
2. On the dashboard, scroll down to the Deposits tab, and click “Withdraw”.
3. Enter the maximum amount to withdraw and click NEXT.
4. Check the details are correct on the confirmation page Then, click the acknowledgment checkbox, and click CONFIRM.
5. Next, confirm the transaction in your wallet. There may be two steps required to confirm the transaction, so make sure you check your wallet and confirm all transactions. Please note, you will require some ETH to be present in your wallet to cover gas fees.
6. Once the transactions have been confirmed, your funds will be available in your wallet and the dApp will confirm the withdrawal has been successful.

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Need support?

If you need assistance with withdrawing your funds from the Bumper Epoch program then please email our support team.

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