Cryptocurrency price

Bumper Finance Token Public Sale Offers Users A Solution To Cryptocurrency Price Volatility

In recent years, various advances have been made in the areas of cryptocurrency options and automated trading, but these products are often complex and expensive, which means they are beyond the reach of most traders and investors. daily ”. Bumper Finance seeks to fill a gap in the market with the introduction of a Price Protection Protocol, a protocol that benefits both the user who buys price protection at a higher price and those who provide stable coins in the protocol’s liquidity reserve. Although Wall St has long invested in the cryptocurrency markets, the two are still quite different when it comes to market volatility; wild swings in crypto asset prices are enough to chill the most successful Forex trading professionals to the bone. As the blockchain and crypto industries continue to grow in terms of innovation and valuation, protection against uncontrolled price action is still largely unavailable to most, and has undoubtedly had an impact on the view of the world on the market as a whole.

With over $ 17.5 million already invested in Bumper Finance’s mission, the BUMP presale has been heavily subscribed and the Bumper team has also decreased over $ 32 million in institutional investment in order to donate more. investment opportunities to their community. The Bumper team opened registrations to the public on December 2 and encourages them to become a central part of the Bumper ecosystem, which will adopt a DAO structure in the future, and allow BUMP token holders to vote for changes to the Bumper. protocol, to use its basic protective function and acts as a critical element of the balancing mechanisms. Token holders will also be able to stake their tokens into the protocol as a base mod and in exchange for generous rewards.

The public sale of BUMP tokens

Bumper Finance token public sale begins on December 9, 2021, with the price of BUMP tokens set at $ 1.50, but reduced to $ 1.25 for buyers wishing to wager their tokens for 3 months; Given the popularity of previous BUMP token sales, the team expects high levels of involvement and direct potential buyers to find out more information on the project website to ensure that they get a place in the sale.

Activate the Crypto “God mode”

Bumper Finance introduces ‘god mode’ to the crypto and DeFi markets, giving users the ability to minimize losses on bearish prices, and also allowing them to ride the wave if their assets recover from a downturn. price drop. This kind of functionality has not yet been seen in a protocol and has significant upside potential for participants holding BUMP tokens, which must be held by the user as a protocol-bound access token in order to take a position.

Holding BUMP tokens allows users to lock in a floor price for their assets, hedge against volatility for a small premium, and give them the peace of mind that they will receive a particular stable amount for their assets if the price drops. , without having to leave their assets on a centralized exchange in the hope that they will find an exit to minimize their loss. The user can also freely use these assets to take out a DeFi loan or to cultivate. The crypto ‘Power-Up’ feature within Bumper also exposes token holders to rewards from fees collected by liquidity providers providing stable liquidity to the protocol.

The public sale of bumpers begins on December 9. Follow the Twitter Bumper for updates and visit the Project Medium page for detailed information on the sale.

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