Protocol Beta (Limited Release)
• All major protocol components deployed
• TVL insurance; TVL cap and individual position caps (*NEW)
• Multi-chain deployment (*NEW)
• Unrestricted ETH protection and USDC liquidity mining
• Staking v2
• Arbitrage Module
• State Keeping
• Governance v2 and discussion forum
• Permanent economic simulation and automated parameter tuning
• Protected asset extension (wBTC and other ERC20)
• Taking v2; Making v2
• NFT protection market
• Fungibility extensions
• Gasless transactions
• Governance v3
• Oracle v2
• Decentralised application hosting
• Bumper dApp Web3.0 security and integrity suite
• Expanded stablecoin support (including CBDCs)
• Creation of Bumper aggregated “super”-stablecoin
• L2 Migration; Zero-Knowledge Rollup (ZKR) subnet on ETH 2.0
• Data Wallet; Web3.0 dApp datastore, search, key management, identity*
• Selective disclosure (fully-configurable privacy) integration.*
• Generalised CeFi bridge; mass adoption of institutional and retail
Decentralised governance process published. Changes via Bumper Improvement Proposals (BIP).
Forum for Bumper community discussion relating to matters of governance. Integration of BIP process. Hosted at governance.bumper.fi or similar.
Public site allowing interested parties to run simplified protocol simulations under different scenarios and settings.
Establishment of Bumper Protocol Decentralised Governance Steering Committees: General, Economic and Technical. Committee inauguration and first sitting.
Establishment of formal criterion for the inclusion of fungible assets into the Bumper ecosystem. Includes economic, qualitative and strategic scoring.
Introduction of conditions for calling staked BUMP, such as pre-defined operational issues (manual via Governance) and economic stress conditions (automatic via Protocol).
Standalone decentralised governance contract(s) for using all critical system functions, including hash-matching with off-chain proposals. Steering committee election system.
Extension of governance features to support Token-based representation to support BIPs.
Governance approval of supported NFT assets, additional stablecoins and exogenous risk inputs for calculating premiums.
Community grants programme supporting the Bumper ecosystem.
Taker ETH price volatility protection.
USDC liquidity mining against ETH price volatility.
TVL insurance for a range of adverse protocol outcomes for a limited time with the Falkor release. Global and local limits set for TVL and individual positions (removed with Auryn release).
Protocol state updates via incentivised third parties.
Bilateral out-of-band swaps between protocol pools.
Ability to Cancel positions early with an early termination protocol fee.
Parametric staking rewards converted to be a function of protocol health.
Multi-pool support for pool Arbitrage.
Replace non-fungible protocol positions with fungible equivalents.
Enhanced protocol pool modulation by unlocking parametric floors, terms and position amounts for Market participants.
Expansion of supported DeFi assets and stablecoins available to Takers and Makers.
Support for NFTs in original or fractionalised formats.
Aka “Loyalty Program”. Ability for users to access higher-tier options when taking out Making or Taking positions.
Gasless, or gas-capped transactions for users.
Support wrapped CeFi assets (e.g. bTSLA/ bAPPLE/ bGOOG), and CBDCs.
Integration of DeFi Insurance provider for Beta release (e.g. Nsure, InsureAce, Bridge, Nexus Mutual).
Core price oracle module.
Multi-chain deployment for the following EVM-supported blockchains: (i) NEAR (ii) Avalanche (iii) BSC (iv) Fantom. Non-Ethereum mainnet chains may retain risk or security limits at Auryn release.
Integration with DeFi lending protocols (e.g. Aave/ Maker/ Compound).
Integration with synthetic asset protocols (e.g. Synthetix/ Mirror).
Front-end application integrity checks via cryptographic hashes stored in-protocol.
Decentralised application hosting: Full Web3 decentralised hosting of user interface files.
Export of protocol risk events to DeFi options protocols.
Reverse integration of Superstability by foreign protocols.
Integration with foreign DeFi protocol front-end user interfaces (e.g. Bumper Button on Compound UI).
Digital (cryptographic key) wallet to aggregate user-facing features such as identity management, digital currencies and using Web3 dApps. [PARTNERSHIP]
Integration of future-proof, self-sovereign and fully-configurable privacy solution [PARTNERSHIP].
Bumper Market Pools configured for institutional participation.
Integration of specific features to support decentralised securities (e.g. Bumpered Security Tokens).
Portal for traditional securities to access algorithmic volatility protection (e.g. CeFi per-user access to DeFi, such as Bumpering CeFi equities).
Fully modular design. Initial feed from Chainlink.
Core risk vector fields: (1) Price Risk from Price History, and (2) Liquidity Risk from Price History and Protocol State.
Fully configurable market mappings via a protocol controller contract.
Additional price sources and error-correction. +3 to Robustness.
Replace protocol position NFTs with fungible equivalents.
Enhanced volatility risk inputs.
High frequency price signal and support for exogenous inputs.
Post-merge deployment on a Zero-Knowledge Rollup.
Permanent economic simulation and automated parameter tuning.
Develop criteria and candidate list for additional protected assets.
Added risk vector fields (e.g. sentiment, concentration)
Parametric staking incentives based on protocol economic health.
Multi-stablecoin support; whitelist stable assets for Makers.
Design extension for purchase of options by the protocol.
Exogenous risk inputs.
Custom protection options like user-defined parameters, dynamic defaults.
NFT insurance criterion for adding assets to the whitelist.
Addition of fixed rate, variable term option, as well as additional and incentivised claim preferences for participants.