BUMPER
BUMPER is a DeFi price protection protocol built on Ethereum. BUMPER protects the price of crypto assets (ETH at launch) by providing a decentralised software facility for โTakersโ of protection to operate diametrically to โMakersโ 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. The BUMPER protocol is a pure, decentralised market for on-chain asset price risk, whic... h is transferred from a stablecoin Reserve through to cascading redundancy modules. At any point in time the Reserve has a measurable aggregate liability representing all positions. Should the liability exceed parameterized safety levels, the protocol rebalances, firstly by utilising first order dynamics, such as Premium/ Yield curves/ BUMP distributions and then by opening up to arbitrageur bots and if necessary DEXโs. A separate risk pool, attracting a higher yield tranche, acts to backstop any realized losses caused by sharp volatility. Conclusively, these redundancy measures make BUMPER a highly productive tool to achieve efficient risk transfer pricing via liability pooling.
BUMPER
Industry:
Cryptocurrency Finance Financial Services FinTech
Founded:
2020-01-01
Address:
London, England, United Kingdom
Country:
United Kingdom
Website Url:
http://www.bumper.fi
Total Employee:
1+
Status:
Active
Email Addresses:
[email protected]
Total Funding:
10.02 M USD
Technology used in webpage:
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Current Employees Featured
Founder
Investors List
Metaconomy Capital
Metaconomy Capital investment in Venture Round - Bumper
Beachhead Venture Capital
Beachhead Venture Capital investment in Initial Coin Offering - Bumper
Autonomy Capital
Autonomy Capital investment in Initial Coin Offering - Bumper
Alphabit Fund
Alphabit Fund investment in Initial Coin Offering - Bumper
Chainlayer
Chainlayer investment in Initial Coin Offering - Bumper
Official Site Inspections
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