Bumper is a DeFi protocol that protects the price of crypto assets by allowing users to set a floor price. Protected positions incur a floating premium based on asset price movements, which incentivizes stablecoin depositors to earn a yield. Bumper's native token is used for protection takers to pay premiums, protection makers to receive a yield, and for staking and governance purposes. Bumper tools include a DApp for protection takers and makers, and a protocol to balance ratios between the two. The total circulation of Bumper tokens is 250 million and is currently available on UniSwap.
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The information about this project is gathered from third parties sources, and CertiK does not guarantee the accuracy of the information. Conduct your own due diligence before deciding to use any info listed at this page.