Who else wishes they had Bumper earlier this week? And if you did, would you be waiting for it to come back up, or would have cashed out? And maybe bought back in?
It was great to get so much feedback on our first Sitrep. It was a bit of a mega one with the added LPP Q&A bonus post. Not sure they’ll always be that extensive but we had a lot to fill you in on. Here’s what going on right now in Sitrep #002.
💥 Bumper Numbers 💥
Total Liquidity Supplied: $16,747,058
Current LPP APR: 613%
Current Token Price: $0.73
The Bumper Pre-Sale is coming 📈
Want more BUMP? Then get your pennies ready for the Bumper Pre-Sale.
This will be your last chance to buy the token before Public Sale later in the year. Our key news for this milestone is that we’ve decided to align the Pre-Sale with the date USDC deposits are unlocked. This means Pre-Sale will now open on October 14th at 12pm UTC. It will still run for one week, ending on the 21st of October. Shifting this date by a week means that you’ll now be able to use your deposited USDC to buy the BUMP token. Effectively swapping it.
There’s also been a bit of speculation around the token price at Pre-Sale and we wanted to clear this up and say that the price will be set at the closing LPP token price plus a premium, currently looking at 30%. So, for example if the token price ends up at $1.00 the Pre-Sale price will be set at $1.30.
We’ll be releasing a full update with all the details about the process soon, so stay tuned.
Meanwhile, you can still deposit in the Liquidity Provision Program
Ambassadors Arise! 🌟
We are excited to announce that we will be launching the first phase of the Bumper Ambassador Program. Since Bumper began, we’ve had a lot of community requests asking how to get more involved and help us spread the word about ‘God-mode’ to the Crypto HODLers, Degens and Noobs all across the chain. The Ambassador program is open to anyone who wants to be part of the Bumper project and can help spread awareness about Bumper.
Our Expanding Team
As everyone knows, teamwork makes the dream work and we’ve worked really hard to build a team of people who are just brilliant at what they do. We’ve spent months searching for the right people for some specific roles and are stoked to be onboarding new team members.
Moody — Marketing Manager
Someone you’ll be hearing more from is Moody, who joined us at the start of the week to lead our Social Content and Community. Moody brings some impressive crypto creds from building communities for other protocols and even running his own unofficial communities for protocols he’s passionate about. He’s bringing that passion over to Bumper and has some great ideas to really get our community excited.
Did you see us live? 🎥
Yesterday we had our very first live Office Hours. Jason (CMO) hosted the live video chat on Youtube with Jonathan (CEO), Gareth (COO) and Sam (CTO). We shared updates on the development, token sales, marketing and even dug into the SEC’s latest moves a little.
Watch Bumper Office Hours on Youtube
Crypto Eagles AMA Recap
Yesterday Gareth and Jason joined Crypto Eagles Telegram Channel for an AMA. They posed some interesting questions you can read the Recap from Crypto Eagles on our Medium.
We’re currently queueing up lots more AMAs with great communities as we head into the Pre-Sale.
Community Questions
Q: I would like to know about your wayhead on partnership plans.
A: Like any partnership will play a key role in our growth strategy. Our wish-list starts with lending sites like Compound, Maker, Aave — where Bumpered assets used to collateralize loans have zero chance of being liquidated and reduced over-collateralization ratios (since they are less volatile). The biggest partnerships will come from other DeFi protocols that use Bumper i.e a YEARN ETH vault that protects the price at a certain floor, we see this area as massive. After that, partnering with wallets like Metamask, Coinbase, Robin Hood and exchanges like Binance & Houbi, KuCoin. Then Bumpering tokenized stock such as bTSLA and bCOIN and finally an institutional product that brings crypto innovation to traditional finance.
Press / News / Events 📅
Bumper Pre-Sale — Starts Oct 14th 12pm UTC
The Next Bumper Office Hours Update will be live on Youtube at 10am UTC 23/09/21 (ICYMI here’s our previous update )
[Interview] Jonathan was featured on The CryptoWriter Podcast
Are you feeling heard? 👂
How are we doing with keeping you up to date? If you were able to join us for our first Office Hours live update, what did you think? Did you find it helpful to hear directly from the team about the latest developments? Did you get your questions answered?
About Bumper
Bumper protects the value of your crypto using a radically innovative DeFi protocol. Set the price you want to protect and if the market crashes, your asset will never fall below that price. Importantly, if the market pumps, your asset rises too.
Stay Connected to the Bumper Project:
Join our Telegram — https://t.me/bumperfinance
Follow us on Twitter — https://www.twitter.com/bumperfinance
Join our Discord — https://discord.gg/YyzRws4Ujd
Visit our Website — https://bumper.fi
