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August 11, 2022

Sitrep #022

Sitrep

KEY TAKEAWAYS

1. Alpha Testing Results

2. Call for Beta Testers

3. Welcome to our new Community Mods

Standby for Sitrep #022


Bumper Numbers

Circulating Supply: 31,858,332.8 (12.74%)

BUMP price: $0.069008

Price Changes:  24h: +9.7%  7d: +18.4%   30d: +49.4%  

Fully Diluted Market Cap: $17,252,000

Circulating Market Cap: $2,198,479

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As at August 11, 2022

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Alpha Testing Results

During our last sitrep, we mentioned that we were halfway through our Falkor Alpha testing stage. This phase was conducted by the Bumper team, plus a handful of friends and family members who were familiar with the protocol.

What was interesting was that all Alpha testers were asked to behave normally, as if they were using Bumper for real. What we discovered was a lot of (friendly) rivalry took place between the different sides of Makers and Takers.

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Falkor Alpha Test Results

This phase now wrapped up successfully, and our engineering team has been working hard to classify and fix the bugs and errors which we discovered during this phase. And this leads us nicely onto…
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Call for Beta Testers

We know many of you have been waiting patiently for us to announce when YOU, our community members would be able to take part and help us test the dApp, and we’re pleased to have released our Beta Tester application this week.

Regardless of your experience in crypto, we’d love you to come and be part of test-driving the Bumper protocol on our private network, and earn some totally wicked BUMP rewards for participating.

Will you be a Maker, earning yield on your stablecoins, or a Taker, protecting your crypto from volatility? The choice is yours, and you get to play without any risk to yourself (as we are using synthetic test tokens rather than real crypto). 

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More details can be found in this article, but if you know you’re ready, just complete the Beta Tester application form fully and we will be in touch very soon.

Don’t miss out on being one of the first people EVER to see the Bumper dApp (and of course earn a tidy amount of BUMP for your feedback).

New Community Mods

If you’re active in our Discord, you’ll already have noticed that there’s been a change of guard recently, with Khareezy and CeramicCrypto joining us as our new full time mods.

Khareezy describes herself as a “crypto enthusiast who loves Pizza” and her favourite 80’s film is the epic Clash of the Titans.

CeramicCrypto goes one step further, referring to herself as a “Crypto and DeFi Fanatic”, and apparently her pick for top eighties movie is Hansel and Gretel. Which isn’t remotely weird.  

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Look Kids, CBDCs

The ladies are working alongside the ever-present AK_Defi, (who it appears doesn’t need much sleep, but apparently dreams of Crypto Sheep when he actually does finally doze off).

We’re pleased to welcome our new Mods to the Bumper fam, and it seems they’ve already made themselves well at home.  

And if you aren’t already in the Bumper Discord server… Well, why not? You’re missing out on loads! 

Vacancies

Bumper are hiring! 

We have a number of vacancies in both our Engineering and Business/Operations. If you are highly skilled and looking to join a tight team with vision and a singular focus on releasing one of the most groundbreaking DeFi protocols, we want to hear from you! 

For the full list of current vacancies, visit our careers page. 

Development Progress

Work continues across all streams. Latest development updates include: 

  • Bug report & fixes from Falkor Alpha
  • Analytics engine
  • Test cases for protocol code base
  • Ran simulation in standalone mode

You can view the latest development update here.

Office Hours

Our next Office Hours live stream will be taking place on Thursday, 18 August 2022 at 10am UTC: Make sure you’re subscribed to our channel to get an alert when we go live.

Watch the full live stream of our previous Office Hours session on Youtube.

If you tuned in, you’d be forgiven for thinking our CMO Jason had recently undergone a bit of a makeover, but actually he was on a well-earned family vacation, and so this episode’s button presser and lead presenter was none other than Navigator, who it happens is a bit of a natural in front of the camera. 

For those who are interested, it turns out Navigator used to have a bit of a crush on David Bowie, and it’ll be no surprise her favourite 80’s era film was, of course, Labyrinth. 

  • Check out the Bumper dApp (in Alpha)
  • Sam’s Chainsaw juggling antics (AKA the missing rule of thumb)
  • Some changes to the Community
  • State of the Market - Did crypto kill Rolex?

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Press / News / Events

Some of the latest articles by and about Bumper here:

  • Earn on your stablecoins: How Yield generation works in Bumper
  • What are BUMP tokens? 
  • Bumper roadmap - to launch and beyond

Want more? Check out our Medium publication and the Bumper Blog

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Disclaimer:
Any information provided on this website/publication is for general information purposes only, and does not constitute investment advice, financial advice, trading advice, recommendations, or any form of solicitation. No reliance can be placed on any information, content, or material stated on this website/publication. Accordingly, you must verify all information independently before utilising the Bumper protocol, and all decisions based on any information are your sole responsibility, and we shall have no liability for such decisions. Conduct your own due diligence and consult your financial advisor before making any investment decisions. Visit our website for full terms and conditions.

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