Crypto Options Trader?
Try Bumper, experience a new way to hedge risk and get BUMP token rewards
Bumper is on average 30% cheaper for buyers. For sellers it delivers yields instantly without waiting for order fulfilment. We think you'll love it.
Bumper is on average 30% cheaper for buyers. For sellers it delivers yields instantly without waiting for order fulfilment. We think you'll love it.
Bumper has been designed as a simpler, more cost-efficient and accessible alternative to options, and we want you to try it out and see how it compares.
If you've used crypto Options in the past and you take out a position (Protect or Earn) on Bumper before 5 October at 12pm UTC, we’ll reward you with extra BUMP tokens.
Rewards are in addition to the early user incentives and may well mean effectively a ‘fee-free’ protection. All you need to do is register your wallet address and post a transaction ID that meets the qualifying criteria.
We're offering 200,000 BUMP Tokens for crypto Options users who create their first position in the Bumper protocol.
Users who create a position in week 1 will receive a share of 80,000 BUMP Tokens, proportional to their position size.
Reward Pools:
Week 1 (ends 14 Sep 12pm UTC) - 80,000 BUMP Token Pool
Week 2 (ends 21 Sep 12pm UTC) - 60,000 BUMP Token Pool
Week 3 (ends 28 Sep 12pm UTC) - 40,000 BUMP Token Pool
Week 4 (ends 5 Oct 12pm UTC) - 20,000 BUMP Token Pool
Week
BUMP Token Pool
Period Ends (UTC)
1
80,0000
7 September 12pm
2
60,000
14 September 12pm
3
40,000
21 September 12pm
4
20,000
28 September 12pm
Must have previously used Options protocols Hegic, Opyn, Premia, Lyra, Ribbon or Deribit.
Must have bought (or sold) a put or call option between 24 August 2022 and 23 August 2023 (UTC).
For decentralised protocols, must use the same wallet with Bumper as was used with the put or call option on the other protocol.
For Deribit, you'll need to show a valid transaction in your Transaction Log (From your Deribit Account). Please upload a screenshot or provide a link to a hosted screenshot.
Positions must be created before the deadline for that week to qualify for that week's rewards.
BUMP token rewards will need to be Claimed from our dApp.
Please allow 45 days from the end of the first month for claim notification via email.
Bumper position must be created before 12pm UTC on 5 October 2023 (Note: due to postponed launch the end date has been adjusted).
Only your first position in the protocol will qualify for rewards.