By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
CoinworldstoryCoinworldstoryCoinworldstory
  • HOME
  • CRYPTO
    • AI
    • BOTS
    • ICO
    • AIRDROP
      • Featured Airdrops
    • Price Prediction
    • EXCHANGE
      • Best Centralized Exchange List 2025
      • Best Decentralized Exchange List 2025
    • ALTCOIN
    • Alt Coin Signal
    • Crypto Analysis
    • Bitcoin Loan
    • Bitcoin Mining
    • WALLETPRO
  • PR
    PR
    If You Looking For Submit Cryptocurrency Press Releases Than Coinworldstory Is Best Choice For Crypto Press Release Submission
    Show More
    Top News
    fanchain
    SportsCastr Announces Private Token Sale for FanChain
    2 years ago
    Nodis, The Gamified Platform For Online Marketing And Influencers
    Nodis, The Gamified Platform For Online Marketing And Influencers
    2 years ago
    Mt. Perelin Chooses Tezos for Tokenized Securities
    3 years ago
    Latest News
    Codego Launches Whitelabel Devices Bringing Tokens Into Daily Life
    3 hours ago
    Solo Leveling Levels Up: Korean Billion-Dollar Megafranchise Goes Onchain with Story
    16 hours ago
    SimpleFX Relaunches First Deposit Bonus
    21 hours ago
    TokenFi and New to The Street Announce National Media Partnership to Reach 219M+ Households
    22 hours ago
  • NEWS
    • Mining
    • Altcoins
    • Ban
    • BANKING/FINANCE NEWS
    • Bitcoin
    • Blockchain
    • CRYPTO CRIME
    • Ethereum
    • Exchange News
    • Government News
    NEWSShow More
    Why Shiba Inu Large Transaction Volume Is Dropping Fast
    Why Shiba Inu Large Transaction Volume Is Dropping Fast
    3 weeks ago
    Crypto Tax Rules In Russia – What You Should Know
    Crypto Tax Rules In Russia – What You Should Know
    1 month ago
    Elon Musk Considering Blockchain To Bolster us Government Efficiency
    Elon Musk Considering Blockchain To Bolster us Government Efficiency
    1 month ago
    10 Next Big Meme Coin To Explode
    10 Next Big Meme Coin To Explode
    1 month ago
    9 Best AI-Powered Websites That Save You Hours of Work
    9 Best AI-Powered Websites That Save You Hours of Work
    2 months ago
  • GAMBLE
    • Certified Casinos
    • Bitcoin Casino
    GAMBLE
    If You Looking For Casino Review . Than we Write Many Article About Casino Please Look This Page . We Update This Page On Daily…
    Show More
    Top News
    Pulsz.com Casino Review: Is Pulsz A Legit Casino?
    Pulsz.com Casino Review: Is Pulsz A Legit Casino?
    2 weeks ago
    Bit4win Casino Review : Latest 2023 Review
    Bit4win Casino Review: Latest 2023 Review
    2 years ago
    Yukon Gold Casino Rewards
    Yukon Gold Casino Rewards – Read Everything About This
    2 years ago
    Latest News
    Unlim Casino 2025 – Games, Bonuses & Crypto Payments
    4 weeks ago
    1win Casino Games – Exciting Slots, Crash Games & Bonuses
    4 weeks ago
    Pinco Casino Review: Games, Bonuses & Features
    4 weeks ago
    r7 Casino Review: Login, Sign Up, Bonuses & Promotions
    3 weeks ago
  • MORE
    • Guide
    • Only Best
    • Off Topic
    • Web Hosting
    • Ad Posting Jobs
    • Best Affiliate Marketing
    • Best Affiliate Programs
    • BOTS
    • Trusted Currency Exchanger Platform
    • Blockchain Games
    • Metaverse Review : Best Metaverse Program Review
    • Online Survey
    • Payment Platform
  • VPN
  • Contact Us
Reading: Bumper Defi Coin Review : It Is Legit Or Scam?
Share
Notification Show More
Font ResizerAa
CoinworldstoryCoinworldstory
Font ResizerAa
  • ADVERTISEMENT
  • SUBMIT PR
  • CONTACT
  • GUEST POST
  • ABOUT US
  • DMCA
  • SITEMAP
  • DISCLAIMER
  • PRIVACY POLICY
Search
  • HOME
  • CRYPTO
    • AI
    • BOTS
    • ICO
    • AIRDROP
    • Price Prediction
    • EXCHANGE
    • ALTCOIN
    • Alt Coin Signal
    • Crypto Analysis
    • Bitcoin Loan
    • Bitcoin Mining
    • WALLETPRO
  • PR
  • NEWS
    • Mining
    • Altcoins
    • Ban
    • BANKING/FINANCE NEWS
    • Bitcoin
    • Blockchain
    • CRYPTO CRIME
    • Ethereum
    • Exchange News
    • Government News
  • GAMBLE
    • Certified Casinos
    • Bitcoin Casino
  • MORE
    • Guide
    • Only Best
    • Off Topic
    • Web Hosting
    • Ad Posting Jobs
    • Best Affiliate Marketing
    • Best Affiliate Programs
    • BOTS
    • Trusted Currency Exchanger Platform
    • Blockchain Games
    • Metaverse Review : Best Metaverse Program Review
    • Online Survey
    • Payment Platform
  • VPN
  • Contact Us
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Home » Blog » Bumper Defi Coin Review : It Is Legit Or Scam?
DEFI

Bumper Defi Coin Review : It Is Legit Or Scam?

Cws Team
Last updated: 03/02/2023 6:30 PM
Cws Team
4 years ago
Share
Disclosure: We are not a registered broker-dealer or an investment advisor. The services and information we offer are for sophisticated investors, and do not constitute personal investment advice, which of necessity must be tailored to your particular means and needs. !
Bumper Defi Coin Review : It Is Legit Or Scam?
SHARE

About Bumper

Bumper is a DeFi price protection protocol built on Ethereum, created by INDX and Block8, the company that designed and delivered Haven (which independently evolved into Synthetix). Bumper protects the price of crypto assets (ETH at launch) by providing a decentralised software facility for ‘Takers’ of protection to operate diametrically to ‘Makers’ of liquidity. Protected positions incur a floating daily premium, nominally 3% p.a, that is used to incentivise stablecoin depositors into a risk-free liquidity Reserve.

Contents
  • About Bumper
    • Flexible Price
    • Using Bumper is a bit like a God-Mode cheat code for your crypto assets.
    • Protect your crypto price from market drops.
    • Earn a regular yield by staking
    • Tokenomics
    • Investment
    • Bumper tools include:
    • How Many Bumper tokens are in circulation?
    • Video

Bumper protects the value of your crypto using an innovative DeFi protocol. Set the price you want to protect at and if the market crashes, your asset will never fall below that price. Importantly, if the market pumps, your asset rises too.

Coin Basic Information
Coin Name Bumper
Short Name BUMP
Circulating SupplyN/A
Max Supply250,000,000
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter Page Click Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project Website Click Here To Visit Project Website

Flexible Price

The live Bumper price today is $0.439854 USD with a 24-hour trading volume of $870,452 USD. They update BUMP to USD price in real-time. Bumper is up 0.69% in the last 24 hours. The current CoinMarketCap ranking is #3255, with a live market cap of not available. The circulating supply is not available and a max. supply of 250,000,000 BUMP coins.

Using Bumper is a bit like a God-Mode cheat code for your crypto assets.

The first ability, and probably the most powerful, is Crypto Invulnerability. Protect your crypto with Bumper and the price won’t drop below the price you set, even if the market crashes. But unlike a Stop Loss if the market pumps, your asset rises too! 
‍
Then there’s Crypto Power-up. By depositing your assets you get exposed to the impressive earning potential of being a DeFi Liquidity Provider (LP). Bumper LPs earn a yield from the platform, making money from the premiums paid by users taking out protection. Earning loads of money is like powering-up, right?
Both Protecting and Earning reward you with the native token $BUMP.

- Advertisement -

Protect your crypto price from market drops.

Bumper protects the value of your crypto using a radically innovative DeFi protocol. Set the price you want to protect and if the market crashes, your asset will never fall below that price. Importantly, if the market pumps, your asset rises too.

Earn a regular yield by staking

Earning through Bumper is as simple as lending your coins to the platform and getting paid for it. Lending to DeFi protocols is known as being a Liquidity Provider, or LP for short. As a Bumper LP you are filling the liquidity pool with tokens to counter-balance the protectors.

The upside of being an LP is of course that you get paid, like you would depositing money in a savings account, but the returns are much better. You will get paid a share of the protection fees and also Bump Tokens.

Tokenomics

Read the Blackpaper for full details on the Tokenomics

  • 250m total supply
  • Circulating Supply (estimated) at IDO: 48.3m (19.31%)
  • Circulating Market Cap (estimated) at IDO: $72m
  • Fully Diluted Valuation at IDO(estimated): $375m (full dilution estimated 2025)
  • VCs & Team on 18 month vesting
  • Token Emission:
    – 3.5% for Private and Pre-Sale
    – 1.5% for Farming (any remainder added to Pre-Sale)
    – 3.0% Public Sale

Investment

Bumper opened a private sale round in March 2021 and was heavily oversubscribed by VCs, closing $10m from Alphabit, Autonomy, Beachhead, Chainlayer and others. $32m investment requests were declined.

Bumper tools include:

DApp to allow protection Takers to select their protected floor and associated premium DApp to allow protection Makers to receive a yield for being liquidity provider Protocol to balance ratios between Takers and Makers Protocol issuing representative bETH to Takers Protocol issuing representative bUSDC to Makers

- Advertisement -

How Many Bumper tokens are in circulation?

Total Circulation is 250m Bumper protocol launched its Liquidity Provision mainnet on July 14th 2021 Circulating Supply at IDO 48.18m (19.20%) Circulating Market Cap at IDO: $115.2m (MktCap / TVL < 0.77) Fully Diluted Valuation at IDO: $600m fully diluted estimated 2025 due to daily distribution Bumpernomics: LP & Private/ PreSale/ Public Sale – 8% Institutional Investors – 22% Team & Founders – 25% Protocol Usate – 35% Governance & Early Supporters – 10%.

Video

10 Best Multi-Chain Defi Dashboards for 2025 | Top Crypto Portfolio Trackers
DeFi Aggregator vs DEX Aggregator: Key Differences Explained
10 Best DeFi Protocols With Top Returns In 2025
10 Best DeFi Insurance Protocols: for Secure Crypto Coverage
10 Best DeFi Analytics Tools For In-Depth Crypto Insights
Share This Article
Facebook Email Print
ByCws Team
Follow:
One of Coinworldstory's longest-tenured contributors, and now one of our editors, Verna has authored over 2600+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies. Verna Is team Members of 9 People
Previous Article Quadency Launches Major Upgrade to Crypto Platform
Next Article Emirex.com Cryptocurrency Exchange Review: It Is Safe Or Legit Exchange? Emirex.com Cryptocurrency Exchange Review: It Is Safe Or Legit Exchange?
10 Best Crypto Exchanges for Easy Recurring Buys 2025
10 Best Crypto Exchanges for Easy Recurring Buys 2025
Best Centralized Exchange List 2025
10 Best Prop Firms in South Africa for Funded Traders
10 Best Prop Firms in South Africa for Funded Traders
Prop Firm
Codego Launches Whitelabel Devices Bringing Tokens Into Daily Life
Press Releases
Solo Leveling Levels Up: Korean Billion-Dollar Megafranchise Goes Onchain with Story
Press Releases

Latest Published

9 Decentralized Finance (DeFi) Coins – Top Tokens & Insights

9 Decentralized Finance (DeFi) Coins – Top Tokens & Insights

7 months ago
9 Top DeFi Tokens To Hold For 2025

9 Top DeFi Tokens To Hold For 2025

7 months ago
How To Invest In DeFi Lending: A Step-by-Step Guide

How To Invest In DeFi Lending: A Step-by-Step Guide

8 months ago
9 Best Decentralized Exchanges In 2025 | Top DEXs For Crypto Trading

9 Best Decentralized Exchanges In 2025 | Top DEXs For Crypto Trading

9 months ago
  • ADVERTISEMENT
  • SUBMIT PR
  • CONTACT
  • GUEST POST
  • ABOUT US
  • DMCA
  • SITEMAP
  • DISCLAIMER
  • PRIVACY POLICY
What Is Solana? A Complete Guide to the Fast and Scalable Blockchain
What Is Solana? A Complete Guide to the Fast and Scalable Blockchain
Trending
10 Best Shoes For Bunions – Comfort, Support & Pain Relief
10 Best Shoes For Bunions – Comfort, Support & Pain Relief
Trending
10 Best Macroeconomics Books-for Students and Professionals
10 Best Macroeconomics Books-for Students and Professionals
Trending
CoinworldstoryCoinworldstory
Follow US
© Coinworldstory News Network. Cws Design Company. All Rights Reserved.
  • ADVERTISEMENT
  • SUBMIT PR
  • CONTACT
  • GUEST POST
  • ABOUT US
  • DMCA
  • SITEMAP
  • DISCLAIMER
  • PRIVACY POLICY
Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..
[mc4wp_form]
Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?