If the market crashes, the asset will never fall below the floor price set by the users of protection. There is a floating premium based on asset price movements.
To learn more about this project, you can check out our deep dive of Bumper. Bumper's Native token is used for something. Protection takers pay premiums. Protection Makers get a yield. Protocol actors should be rewarded for bootstraping network effects. Increasing protocol efficiency and robustness is something that needs to be done. The governance token can be used to vote on protocol evolutions.
There are bumper tools. Protection takers can select their floor and premium. It is possible to allow protection Makers to receive a yield for being a liquidity provider. Balance ratios between Takers and Makers is a protocol. Protocol giving bETH to takers. Protocol giving a representative bUSDC to makers.
How many bumpers are in circulation? 250m is the total Circulation. Bumper protocol launched its mainnet in July of 2021. There are people in this picture Who are the people who created the Bumper Protocol? The co-founding of Bumper are: The founder of the UK's 60th Fastest Growing Company was Jonathan De Carteret.
Where can I purchase Bumper Protocol? On UniSwap, BUMP is currently available.
