What is Bumper?
Bumper is a decentralized finance (DeFi) protocol that offers users a unique way to safeguard the value of their cryptocurrency holdings. The protocol enables users to set a price floor for their digital assets, ensuring that their investments never fall below a predetermined level, even in the event of a market downturn. Notably, this protection mechanism does not limit the upside potential of the user's assets, allowing them to benefit from any subsequent market increases
Highlights
- Price Floor Protection: Users can set a specific price level to protect their crypto assets from downside risk, preventing their investments from dropping below that threshold
- Upside Participation: The protocol allows users to maintain exposure to potential market gains, ensuring they can capitalize on any future price appreciation
- Decentralized Finance (DeFi) Integration: Bumper is built on a decentralized finance protocol, leveraging the transparency and accessibility of the DeFi ecosystem.
Platforms
- Web
Social