Earn real yield
Deposit stablecoins into Bumper and earn paid in stablecoin
Current Yield:
176%
APY
Deposit stablecoin and earn a real yield paid in USDT
Current Yield:
APY
Deposit stablecoin and earn a real yield paid in USDT
Deposit stablecoins into Bumper, and earn real yields by assuming some of the risk from protection seekers, who pay premiums in return.
Bumper shares some similarities with selling puts on an options exchange, but the unique pooled liquidity architecture cushions individual depositors from extreme losses in the event of market crashes, whilst delivering on average higher annualised returns and instant yield generation.
Bumper is also simpler and more efficient to use - Users decide how much to deposit, select a term length and their individual risk tolerance, then confirm the transaction on the blockchain.
Yields are largely derived from premiums paid by protection takers in return for assuming some risk.
Additionally, Bumper can repurpose some surplus funds, which aren’t required to meet the protocols current liquidity targets, into automated yield farming, which creates additional revenue that increases overall yields.
Learn more about yields
On average, Bumper users earn higher yields compared to sellers of put options with similar strike and expiries on cryptocurrency options platforms. Yields are withdrawable by stablecoin depositors when they close their position.
Example: Single Position Analysis
Date
Deposited Value ($)
Term (Days)
Risk Tier
Yield ($)
Annualised Yield (%)
03/06/2022
$10,000
120
5
108.76
3.31%
16/03/2023
$10,000
60
3
225.82
13.74%
11/04/2023
$10,000
60
1
161.74
9.84%
11/05/2023
$10,000
30
1
75.08
9.13%
Based on 12 months ETH price data
Bumper users are able to select a risk tier (from 1-5, where 1 is the lowest risk) to satisfy their own risk tolerance.
Risk tiers are proportional to all the other actors in the protocol at the time, and the average risk level is shown when opening a position, allowing users to select a level of risk that meets their individual strategy.
Date
03/06/2022
Deposited Value
$ 10,000
Term (Days)
120
Tier
5
Yield ($)
108.76
Annualised Yield (%)
3.31%
Date
16/03/2023
Deposited Value
$ 10,000
Term (Days)
60
Tier
3
Yield ($)
225.82
Annualised Yield (%)
13.74%
Date
11/04/2023
Deposited Value
$ 10,000
Term (Days)
60
Tier
1
Yield ($)
161.74
Annualised Yield (%)
9.84%
Date
11/05/2023
Deposited Value
$10,000
Term (Days)
30
Tier
1
Bumper Premium
75.08
Saving
9.13%
Users who are the amongst the first to deposit USDC stablecoins will earn BUMP token rewards.
These incentives are in addition to any yield you earn, and are calculated based on the amount of assets locked, term length and TVL in the protocol at the time. Rewards will diminish as TVL increases.
Chart for illustrative purposes only.
