Well, there’s been no shortage of interesting things happening in the crypto and DeFi world recently, not least the news that a number of huge institutional players seem to be making moves to enter the space. For Bumper, this represents an exciting opportunity, as the potential arrival of big money in the space presents the need for more effective risk management tools.
Right now, this is a very busy time for us at Bumper HQ, and it’s all systems go as we hurtle towards our launch window.
So check out our latest update and standby for Sitrep #032.
In our most recent Office Hours, our CEO Jonathan talked about how we’re refining our launch window as we get closer to the date. Instead of launching at the beginning of August, we now anticipate a launch nearer the end of August, representing an adjustment of two to four weeks.
There’s been a number of reasons for this, and these are discussed in more detail here.
Our liquidity mining program, which was due to end on May 31 has been extended for a further 13 epoch’s. Although the rewards being emitted are lower than those in the phase-1 LM program, they’re still rather juicy and a great opportunity to add to your stash - remember, BUMP is the secret sauce needed to participate as a user in the Bumper protocol.
To participate, you need to provide liquidity to the Uniswap v2 BUMP/USDC pool, and then deposit your LP tokens to the Bumper LM dApp. Check out how here.
Our Simulation report has now been release in three different flavours depending on your taste. This is a major piece of work for us, proving that under real historical price action, Bumper provides highly efficient protection and yield earning potential, whilst remaining fully solvent even during serious ‘Black Swan’ events.
The full report gives a comprehensive breakdown on the methodology and results, whilst the shorter abridged version highlights the main elements of the full report without going into the fine details. And finally, our one-page report offers a simple overview of the results. All the versions are available here for you to share with friends.
But that’s not the end of of Simulating Bumper, as our engineering team are continuing simulation work to improve how we tweak the protocol’s parameters to deliver even more price efficiency.
We’ve had lots of questions about marketing Bumper. Until we had a clear pathway to launch the protocol on mainnet, it was not purposeful to spend large amounts of budget on external marketing, and instead we’ve been working on how to refresh our brand, in terms of messaging and identity and how we communicate going forward.
As well as fine-tuning our key messaging, and content formats, we’ve listened to our community in regards to increasing live video content, including AMA’s and community chats. We’ve also been working on refreshing our website, and making sure technical documentation and user guides are available on our Gitbook prior to launch.
We’re pleased to report that we’ve been collaborating with a number of top tier publications and platforms to assist with our main marketing effort, which will come into force in the coming weeks, so expect to see plenty of coverage of Bumper as we get closer to the actual mainnet date.
All of this is key to getting the Bumper message to those poor unfortunate ‘Lost Boys’ who haven’t heard it yet, and we’ve set aside some considerable budget for marketing efforts over the coming weeks.
More to follow…
Watch the full live stream of our previous Office Hours session on Youtube.
Here’s some of our latest popular content, tackling a whole range of issues in crypto, DeFi and the wider market…
So that’s it for this roundup - Forward to glory!
Bumper protects the value of your crypto using a radically innovative DeFi protocol. Set the price you want to protect and if the market crashes, your asset will never fall below that price. Importantly, if the market pumps, your asset rises too.
Stay Connected to Bumper:
Join our Discord — https://discord.gg/YyzRws4Ujd
Follow us on Twitter — https://www.twitter.com/bumperfinance
Visit our Website — https://bumper.fi
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