Bumper (BUMP)
Basics
- Based in:
- Started in / Announced on:
- Testnet release:
- Mainnet release:
- Bumper is a decentralized price protection protocol.
History
Audits & Exploits
- Bug bounty program can be found [insert here].
- Has been audited (15-8-2021).
Bugs/Exploits
Governance
Admin Keys
DAO
Treasury
Token
Launch
- Token will be launched on 2-11-2021.
Token Allocation
Utility
Governance token.
Other Details
Stablecoin
Coin Distribution
Technology
- Flashpaper can be found here.
- Code can be viewed [insert here].
Implementations
- Built on: Ethereum
How it works
- From Yield Farmer (15-8-2021):
"The gist of Bumper is straightforward: the protocol connects Takers, i.e. people who pay premiums to protect their ETH from price crashes, and Makers, i.e. people who supply underpinning liquidity in stablecoins in exchange for earning premiums + token rewards.
Accordingly, Takers transfer risk to Makers and Makers are thus compensated for this service. For a better understanding of how this system works under the hood, consider diving into Bumper’s flashpaper."
Fees
Upgrades
Staking
Validator Stats
Liquidity Mining
Scaling
Interoperability
Other Details
Oracle Method
Privacy Method
Compliance
Their Other Projects
Roadmap
- Can be found [Insert link here].
Usage
Projects that use or built on it
Competition
Pros and Cons
Pros
Cons
Team, Funding and Partners
Team
- Full team can be found [here].
Funding
Partners
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