Now's your chance to level up your BUMP token holdings with the launch of the Bumper DAO staking rewards! Whether you've been a part of the Bumper community from the beginning or you're just getting started, this program is all about recognising and rewarding your commitment to the DAO by offering exciting rewards.
Important Details
Governance
To get involved in shaping the future of Bumper, you need to stake your BUMP tokens using our Governance dApp. Staking BUMP returns you vBUMP tokens, which basically act as your voting power, and you'll get one vBUMP for each BUMP token you stake. Staking your BUMP tokens means you'll earn rewards.
If you're feeling extra committed, you can choose to lock your staked tokens for up to a year. By doing this, you'll earn bonus vBUMP tokens, giving you even more voting power. But this doesn’t affect your rewards.
Rewards Now Live
Rewards are now live and accruing for any staked BUMP tokens starting from today. There's no minimum requirement to kickstart your journey of staking and earning rewards with Bumper. With rewards distributed in each block, you'll be able to see your earnings grow in real-time, making your staking experience even more exciting.
Reward Distribution
Over the next three years, we'll be emitting 2.5% of the total supply, which amounts to a whopping 6,250,000 BUMP Tokens. Calculated at a rate of 0.83% per year, this means approximately 5,708 BUMP tokens will be up for grabs daily as rewards for DAO participants.
Rewards are distributed based on your share of the staking pool. So if your staked tokens account for 5% of the total BUMP staked, you’ll earn 5% of the distributed rewards for each block you’re stake in .
How to Stake and Claim:
Ready to get started? Follow this handy guide on how to stake your tokens in the Bumper DAO. And when it's time to claim your rewards, simply follow this guide.
Start staking your BUMP tokens today and watch your rewards grow!
Disclaimer:
Any information provided on this website/publication is for general information purposes only, and does not constitute investment advice, financial advice, trading advice, recommendations, or any form of solicitation. No reliance can be placed on any information, content, or material stated on this website/publication. Accordingly, you must verify all information independently before utilising the Bumper protocol, and all decisions based on any information are your sole responsibility, and we shall have no liability for such decisions. Conduct your own due diligence and consult your financial advisor before making any investment decisions. Visit our website for full terms and conditions.
Explore the democratic process within the Bumper DAO. From discussion to decision, learn how BUMP token holders can shape the project's future through voting and active participation.
Learn how vBUMP, the key to Bumper DAO's voting power, works. Stake, lock, and delegate your BUMP tokens to gain vBUMP and influence Bumper's future.
