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Ethereum
$4,130.63 0.82%
ETH · 5w

Bumper’s pre-sale now live, god-mode price protection for crypto coming soon

Bumper is on course to be one of the breakout decentralized finance (DeFi) protocols of the future, with the project rejecting more than $30 million of investment offers in a heavily oversubscribed institutional and venture capital sale in March this year.

This makes the pre-sale of its native BUMP token, which went live on Oct. 14, 2021, all the more alluring. The current pre-sale allows savvy investors to get their hands on this groundbreaking token at discounted prices ahead of the public sale and initial DEX offering later this year.

Come bear or bull market, the Bumper DeFi price protection protocol safeguards crypto assets where stop-orders and call/put options fall short. Based on this unique offering, Bumper looks set to be a top-three protocol within the DeFi ecosystem, and more importantly, if a user wants to reap the benefits of the price protection platform, then the BUMP token is mandatory. You will need BUMP in order to use Bumper.

How does Bumper differ from other price protection tools?

The crypto investment space is a pin-up for market volatility, but what if you can keep skin in the game when the markets are up and protect your crypto assets when they’re down? The Bumper protocol does just this: protecting your crypto investments against these dips in the market while ensuring you maintain full upside exposure.

A traditional protection mechanism like a stop-loss tool automatically exits investments when the market drops below a predetermined price. This might protect investments from downturns, but it leaves investors out at sea when the market recuperates losses and rallies beyond the pre-slump prices. We’ve all been there, and there’s nothing quite as demoralizing as seeing an asset pump after you’ve dumped.

To attempt a strategy of swapping in and out, a user would be crucified by automated market maker fees and gas costs. Bumper’s intellectual property is its near-zero slippage engine and the formulas su...

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