Bumper IconApp's chainETH

Bumper

Validated
DeFi
Trading
BUMP$0.02-7.8% 
Hedge your crypto with a protected price floor
  • 610 Followers
  • 528 Likes
Validated
Validated
Open
  • User Score 4.62
  • Validation Score 3.7
  • Trust ScoreHigh
  • General No. 313
  • DeFiNo. 95
  • EthereumNo. 44
  • Token
Bumper
Bumper Review
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About Bumper

Bumper is an innovative DeFi protocol that protects the value of the crypto you hold from drops. Meaning you can preserves gains when the price climbs and also get peace of mind from protecting market highs, trade on directionality or and market crashes and simultaneously preserves gains when the price climbs.

Bumper is an innovative DeFi platform designed to provide price protection for crypto assets. By leveraging advanced financial models and AI-driven algorithms, Bumper offers users a unique way to safeguard their investments against market volatility. The platform's mission is to democratize access to sophisticated financial instruments, allowing both retail and institutional investors to protect their portfolios with ease. Bumper's solution is particularly relevant in the highly volatile crypto market, where price fluctuations can have significant impacts on investment outcomes.


At its core, Bumper aims to bring stability and security to the DeFi space, enhancing user confidence and encouraging greater participation in the crypto economy. The platform's innovative approach to price protection involves the use of liquidity pools and dynamic pricing models, ensuring that users receive optimal protection at competitive rates. Bumper's vision is to become a leading provider of DeFi price protection services, setting new standards for transparency, efficiency, and user empowerment.


Overall, Bumper is positioned to make a significant impact on the DeFi landscape, offering a much-needed solution to one of the most pressing challenges faced by crypto investors today.

Bumper Magic Store Validation Score

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Validation Score

3.7
Results:
  • yes74%

  • no26%

See results in Snapshot
136701 Votes

Validation Date: -

Bumper Review Score by Real Users

4.62Out of 537 Total
  • 24
  • 12
  • 1
  • 0
  • 0
37 Total
Bumper review
27 Nov 2023

Bumper is a DeFi protocol that protects your crypto assets during price drops and market crashes. It also preserves gains made during bullish runs and allows you to set a protective price threshold. You can capture value increases as your assets' price soars. With Bumper, you can efficiently safeguard your gains. They`ve recently transitioned to Arbitrum.Read More ››

greencat avatargreencat164552.25
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Review Bumper
26 Oct 2023

I like this platform for several reasons, one of them being the ability to set a protective price in times of high volatility is incredibly powerful. Knowing that my investment is safe even during market declines gives me invaluable peace of mind. Another thing is that it not only protects my investment against price drops but also ensures to capture profits when the price rises. This is a big boost for my portfolio. The configuration options are clear and simple to understand, making the entire process very accessible. The transparency in how the protocol and the team behind Bumper work has given me confidence in the security of my funds. This is crucial for me as an investor. Although Bumper offers a good selection of cryptocurrencies, I hope to see a greater variety in the future to suit individual user preferences. Overall, it has exceeded my expectations.Read More ››

Carlos Manuel Cabrera avatarCarlos Manuel Cabrera25433.75
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Bumper
20 Oct 2023

Bumper: Web3 DeFi Platform for Transparent and Secure Insurance. Simplifies insurance processes with automation and integrates seamlessly with Web3 walletsRead More ››

Overdos avatarOverdos10953.75
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Bumper
18 Oct 2023

Es ist ein gutes Projekt für Ihre Krypto. Es schützt Ihr Geld bei verrückten Marktschwankungen und stellt sicher, dass Ihnen keine Gewinne entgehen, wenn die Preise steigen. Es ist, als hätte man einen persönlichen Leibwächter für seine Investitionen – ziemlich coolRead More ››

Stuzzy avatarStuzzy24062.50
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A hedge against market volatility
16 Oct 2023

Bumper is a great tool for protecting your cryptocurrency investments from market volatility. It's easy to use and affordable, and it can help you to avoid losses during a bear market. Pros: Protects your investments from market volatility Easy to use Affordable Cons: May not be suitable for all investorsRead More ››

AcE avatarAcE227498.00
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about bumper
15 Oct 2023

Bumper is an innovative Web3 decentralized finance (DeFi) platform that aims to revolutionize the insurance industry. With its unique approach and integration of Web3 technology, Bumper is transforming the way insurance is accessed and managed. One of the key features of Bumper is its decentralized insurance marketplace. By leveraging blockchain technology and smart contracts, Bumper enables users to create, purchase, and trade insurance policies in a transparent and trustless manner. This decentralized marketplace eliminates the need for traditional intermediaries, making insurance more accessible and cost-effective. Bumper also introduces the concept of "parametric insurance" to the DeFi ecosystem. Parametric insurance utilizes pre-defined parameters and triggers to automate claim payouts, reducing the need for complex claims processes. This innovative approach ensures faster and more efficient claim settlements, providing users with peace of mind and financial protection. Security is a top priority at Bumper, as the platform employs advanced encryption and blockchain immutability to protect user data and policy information. The decentralized nature of Bumper's infrastructure enhances security and reduces the risk of fraud or manipulation. Additionally, Bumper leverages Web3 technology to provide a seamless user experience. Users can easily connect their Web3 wallets, interact with smart contracts, and participate in the Bumper ecosystem directly from their preferred wallet interfaces. This integration streamlines the insurance process, making it more convenient and user-friendly. In summary, Bumper Web3 DeFi Platform is disrupting the traditional insurance industry by offering a decentralized marketplace, parametric insurance solutions, robust security measures, and seamless Web3 integration. With Bumper, users can experience a more accessible, transparent, and efficient insurance experience in the decentralized world.Read More ››

Overdos avatarOverdos10953.75
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Bumper
07 Oct 2023

I am very satisfied with my experience with Bumper Trading. They offer a user-friendly trading platform, a wide selection of assets and excellent customer support. I recommend Bumper Trading to anyone interested in investing and trading in the financial markets.Read More ››

RogalevLion avatarRogalevLion24166.25
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bumper
07 Oct 2023

it is a good project for your crypto. It keeps your money safe in crazy market swings and ensures you don't miss out on profits when prices go up. It's like having a personal bodyguard for your investments – pretty coolRead More ››

Gabrujaat avatarGabrujaat122365.40
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BUMP Token Price Chart (Real Time)

Token Statistics

  • Market Cap$3,706,407.00
  • Volume$71,680.00
  • Circulating Supply195,161,090.628
  • Max Supply250,000,000
  • FDMC$4,747,881

About Bumper Token

The BUMP token is the native utility token of the Bumper platform. It plays a crucial role in the Bumper ecosystem, providing various utilities and benefits to its holders. The BUMP token is designed to facilitate transactions within the platform, offering features such as staking, governance, and rewards. Users can stake BUMP tokens to earn yields and participate in the governance of the Bumper protocol, influencing key decisions and future developments. The token also allows users to access premium features and services on the platform.

BUMP tokens are available for trading on several exchanges, including Uniswap and SushiSwap. For more detailed information on the BUMP token, you can visit the Bumper token page.


A key utility of the BUMP token is its role in the staking mechanism. Users can stake their tokens to secure the network and earn yield. This staking process not only provides an incentive for long-term holding but also strengthens the overall security and reliability of the Bumper protocol. Staking rewards are designed to be attractive enough to encourage active participation while maintaining a balanced token supply.


The BUMP token is also integral to the governance framework of Bumper. Token holders have the power to propose and vote on changes to the protocol, ensuring that the platform evolves in a decentralized and transparent manner. This governance model empowers the community to have a direct impact on the development and future direction of the platform.


Additionally, the BUMP token enhances user engagement by providing access to premium features and services on the platform. For example, users may need to hold a certain amount of BUMP tokens to unlock advanced price protection options or to participate in exclusive community events and initiatives.


The BUMP token's utility is further extended through its integration with other DeFi protocols. By ensuring interoperability, Bumper allows users to leverage their BUMP tokens in various DeFi applications, thereby increasing their utility and value across the broader DeFi ecosystem. This cross-platform functionality is a significant advantage for token holders, providing them with more opportunities to utilize and benefit from their holdings.


In summary, the BUMP token is a versatile and essential component of the Bumper ecosystem. It facilitates staking, governance, rewards, and access to premium services, while also enhancing interoperability within the DeFi space. The comprehensive utility and strategic integration of the BUMP token make it a valuable asset for users participating in the Bumper platform. For more information, visit the Bumper token page.


Bumper Magic Store Trust Score

  • Audit Score
    • 2No. Of. Audits
    • HighScore
  • Security Validators Score
    • 26.09.2023Validation Date

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Bumper FAQ

Bumper provides AI-driven price protection, dynamic pricing models, and staking opportunities. These features offer robust protection against market volatility, attractive yields for staking BUMP tokens, and real-time adjustments to ensure optimal protection rates.

Staking BUMP tokens allows users to earn attractive yields while contributing to the security of the Bumper network. Additionally, stakers gain voting power in the platform’s decentralized governance, influencing key decisions and future developments.

Bumper’s AI-driven algorithms and dynamic pricing models provide more accurate and cost-effective price protection compared to traditional crypto insurance. This approach ensures real-time adjustments and optimal protection rates for users.

The decentralized governance allows BUMP token holders to propose and vote on changes to the protocol. This inclusive approach ensures that the platform evolves in line with the community’s interests and needs, promoting transparency and user empowerment.

Yes, BUMP tokens are designed for interoperability and can be used across various DeFi protocols. This integration enhances the utility and value of BUMP tokens within the broader DeFi ecosystem, providing users with more opportunities to leverage their holdings.


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