1. Bumper Simulation update
2. New Bumper talent
3. Epoch closure
Standby for Sitrep #027
Circulating Supply: 37,945,062.9495 (15.17%)
BUMP price: $0.01944956
Price Changes: 24h: -12.4% 7d: -11.1% 14d: -10.1% 30d: -38.3%
Fully Diluted Market Cap: $4,862,390
Circulating Market Cap: $738,014.78
As at December 1, 2022
The majority of the work being undertaken by the engineering team has been focused on the protocol’s economic simulation.
Working alongside our partners CadLabs, we’ve been able to construct and optimise Agent-based Modelling to stress test Bumper in various scenarios such as the impact of market price, volatility and protocol liquidity.
As of the time of writing, over 52% of all identified tasks have been completed, with a further 4.8% in review and over 16% currently in progress.
At this stage, our expected outcomes for the present sprint are to produce the following:
A full run-down is available in our Tech Update.
One of the biggest challenges in DeFi is locating exceptional talent, as we’ve spoken about a number of times.
Bumper has partnered with industry recruitment specialists and headhunters to assist us in onboarding the very best minds, and we’re pleased to announce that we have now recruited personnel in two key areas.
We’ll be welcoming a new Senior Solidity Engineer and Simulation Engineer to the team in the coming days.
We are still recruiting more candidates for the above roles, alongside other specialist vacancies. Visit our careers page for more info.
As a reminder, we will shortly be closing down our existing Liquidity Provider programme and advise users who have staked USDC to withdraw their funds as we wind this process down.
Note, this does not affect those users who are currently staking BUMP tokens via the Bumper dApp.
Our next Office Hours live stream will be taking place on Thursday, 15 December 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 which featured Ben Scholtz from CadLabs, our simulation partner.
Check out some of the highlights:
We like mixing it up a bit… here’s some of our latest popular content, tackling a whole range of interesting issues in crypto, DeFi and the wider market:
We’ve also been releasing some interesting tidbits which come from the Mind of Sam, as discussed on Office Hours. Including this really interesting 1 minute segment about accidental public key dual-generation.
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