Bumper is launching with an exciting opportunity for the first participants in the protocol, with up to $250,000 worth of incentives to be distributed to early protocol users.
The incentives are designed to reward early users of the Bumper protocol, regardless of whether they are protecting their crypto or looking to earn a yield.
This is a one time opportunity to earn incredible incentives, whilst protecting your crypto and/or earning yield from the hottest new DeFi protocol!
The longer term position you take, the more you’ll make, and our expectation is that many users will find that the rewards they earn will cover the premium (the cost of protection) and make a significant impact on ROI for earners looking to make a yield.
It’s never been easier to make bank!!! Be amongst the first in the world to hedge risk in the most efficient manner AND get rewarded for doing it.
Or, earn a sustainable real yield AND also earn incentives for doing so.
What’s there not to like? Read on to find out how much you could earn.
The incentives are emitted on a distribution curve that starts off high and decreases as the TVL increases, as shown in the chart below. The earlier you come in, and the longer the term you opt for, the greater share of the rewards you can earn.
Special Considerations for early adopters:
Early users of the Bumper protocol (both those buying protection, and those looking to earn a yield) will earn incentives based on the size and term length of the position they open.The chart below shows the rewards you can expect to earn by opening an early position, and illustrates how the first users are more highly incentivised.
Become one of the first users of the Bumper protocol and benefit from enhanced incentives for early adopters. Bumper goes live on the Ethereum mainnet on 31 August 2023. Find out more and get involved by joining the community here.
EDIT: Bumper's launch has been postponed until 7 September 2023.
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.
