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Bumper Announcements

Logo of telegram channel bumperfinanceann — Bumper Announcements B
Logo of telegram channel bumperfinanceann — Bumper Announcements
Channel address: @bumperfinanceann
Categories: Cryptocurrencies
Language: English
Subscribers: 1.11K
Description from channel

Bumper protects the value of your crypto using a radically innovative DeFi protocol.
👉 Get to know us better → http://bumper.fi/links
👾 Join the Community on Discord for discussion → https://discord.gg/YyzRws4Ujd

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The latest Messages 7

2022-09-16 20:00:00
Bumper Philosophy: How Rawlsian theory underpins Bumper’s unique crypto price protection protocol

At the core of Bumper’s crypto price protection protocol there is a philosophy.

Whilst, many DeFi and Blockchain projects have at their heart some guiding principles, typically these emerge from a desire to challenge or circumvent established and generally centralised systems of control, or to utilise some of the more arcane properties inherent to Distributed Ledger Technologies.

For us, a large part of our philosophy derives from the work of one of the most influential thinkers of the 20th century, John Rawls.

In this article, we’ll explain why a highly respected philosopher who is widely known across the entire political and economic spectrum (yet mostly unknown by the masses) led our chief architect and CTO Samuel Brooks to describe Bumper as “a public market based on the Rawlsian principle of Distributive Justice”.

Read our article to read our thoughts → https://bit.ly/3qHKUSv

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203 views17:00
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2022-09-16 17:30:00
Web3 Building: Vitalik approved

Recently a part of our development team participated in the Kyiv Tech Summit hackathon creating new tools and solutions to respond to the new reality in Kyiv.

The results... The team not only received a top prize, but also the personal congrats from the man himself.

Kudos to them all, and we’re proud to have some of the best and brightest on board!

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191 views14:30
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2022-09-15 18:30:01
Ethereum Merge Completed — What happens now — Is volatility inbound?

After 6 years, the Ethereum Merge finally happened today. The world’s second-biggest cryptocurrency has officially moved to its long touted Proof of Stake consensus mechanism.

The historic upgrade ends the blockchain’s Proof of Work mining to a more energy-efficient system, and it’s estimated that this could reduce the Ethereum network's energy requirements by over 99%.

The new consensus mechanism replaces Miners with Validators, who are required to stake a minimum amount of ETH in order to participate in being able to write blocks to the ledger.

The ETH merge is one of the biggest events to happen in crypto for some time, but the question now on the minds of many crypto enthusiasts is what impact this may have on the market. Is volatility inbound, or are we going to have to wait a little while longer to see what ETH will do next?

Read our article to read our thoughts → https://bit.ly/3DsQr73

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203 views15:30
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2022-08-31 14:00:00
Bumper Office Hours 1/09

We invite our users to come join us for our bi-monthly Office Hours in which we go over developments, improvements, announcements, and discuss with our community questions and suggestions.

Office Hours
When: Thursday, 1st of September at 10 AM UTC
Where: YouTube LIVE

Afterparty
When: Thursday, 1st of September at 11 AM UTC
Where: Discord in After Hours channel

Ask your questions:
https://www.bumper.fi/community-questions


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124 views11:00
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2022-08-30 19:00:00
How Bumper Pools work — an overview of the architecture of the Bumper price protection protocol

As Bumper’s architecture is quite complex, in this article we will explore the basics of how Bumper’s pools function, without getting overly technical.

Many DeFi protocol structures employ a pair of pools, with each being the repository for a single digital asset or token.

Bumper uses a similar structure, but with the addition of two additional pools for each token type, making a total of four pools (or as we call it, a quadrature of pools).

These four pools are called:

→ The Asset Pool
→ The Asset Reserve Pool
→ The Capital Pool
→ The Capital Reserve Pool

Read our article to understand more about our pools → https://bit.ly/3Kxg4oS

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148 views16:00
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2022-08-29 21:00:00
Bumper Video: An Update from our Office Hours. When will Bumper Launch?

Watch this short clip from our most recent Office Hours in which our CEO Jonathan DeCarteret talks candidly about the possible timeline for the launch of the Bumper protocol.

We know our community can't wait to be able to get their hands on Bumper soon, rest assured we will be providing more details to our community soon!

Watch the clip



Watch the full Office Hours episode



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163 views18:00
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2022-08-28 18:00:00
Bumper Weekly Digest 02

Use this Sunday afternoon to catch up on what’s been going on in DeFi this week.

Catch up on these articles

Wallets Banned by Uniswap Labs for Alleged Crimes
Average transaction fee of Bitcoin falls under one dollar
South Korea to ban 16 unregistered overseas crypto exchanges
The Case for Social Slashing
New opinion piece by Arthur Hayes
Bitcoin Surpasses $100 Trillion In Total Value Transacted
Tornado Cash Dev to Stay in Jail for 3 More Months

Bumper Articles

Crypto risk management — a neat alternative solution
SitRep 023
Crypto insurance — Are you searching for the wrong thing

Stay updated with Bumper Social Channels

Website | Twitter | Discord | Blog

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179 views15:00
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2022-08-28 13:30:00
Opinion: Will there always be a cat and mouse game between protocol builders and hackers?

Last week, a special partner from InsurAce joined us to discuss our partnership, creating value for users, developments in the DeFi space.

About InsurAce: InsurAce is a decentralized multi-chain coverage protocol to empower the risk protection infrastructure for the DeFi community.

Together, Bumper and InsurAce will provide users with a safe and secure environment to freely interact with DeFi apps without worrying about factors outside their control, such as market crashes, hacks, rug pulls, etc.

Read more about our partnership agreement

Watch this short clip with Dan Thompson answering the age old questions on the risks of hackers in the DeFi space.

Watch the full episode



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167 views10:30
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2022-08-26 23:00:00
Crypto risk management — a neat alternative solution to eliminate downside volatility

Crypto Risk Management isn’t quite as simple as you might think

For most crypto enthusiasts, setting stop losses whilst the market is pumping is the key to crypto risk management.

Watch your asset pump to somewhere near the top, then set a stop loss a bit lower, and boom, Bob’s your uncle — if (when) the next flash crash happens, you’re out and back into stablecoins, ready to buy more at the very next dip.

You don’t know where the top is, nor do you know when the next sell-off will occur. Crypto is notoriously volatile, and trying to time a market that never closes isn’t easy when you have annoyances like sleep getting in the way of you and your charts.

Read more about our method of crypto risk management → https://bit.ly/3pP5FLA

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106 views20:00
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2022-08-25 15:00:00
Bumper Updates: Sitrep 023

Our latest Bumper Sitrep 023 has been published.

KEY TAKEAWAYS

Bumper Strategy Day
Marketing & Brand
Business & Partnership Development

Read it here → https://bit.ly/3AlBlgG

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145 views12:00
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