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Bumper

Enables users to secure the value of their cryptocurrency against market volatility using an automated decentralized finance protocol.

Made by Jason Suttie

  • Fintech

  • Web3

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

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