Sitrep #020

KEY TAKEAWAYS

1. Moving into FALKOR Beta
2. Uniswap supply increase
3. How you can help Bumper to grow.

Standby for Sitrep #020

Bumper Numbers

Circulating Supply: 29,887,283.81 (11.95%)
BUMP price: $0.051082
Fully Diluted Market Cap: $12,770,500
Circulating Market Cap: $1,526,702
Price Changes:
24h: +4.3%
7d: +28.4%
14d: +100.8%

As at July 14, 2022

Roadmap Update: Bumper moving to FALKOR Beta

After many months of hardcore development, We’re pleased to release our revised roadmap, and as of 19 July 2022, we are pressing the big red button to activate the FALKOR release.

FALKOR will run in 2 phases, Alpha and Beta, both running on a private network for testing.

Alpha stage is expected to run for 2–3 weeks, and during this time we’ll be enabling the major protocol functions with a limited group of testers.

Shortly after Alpha concludes, we’ll launch the FALKOR Beta release, allowing a wider group of participants to come and be part of the public testing.

That’s right… we’re going to need a number of beta testers, and thus we will be extending an invitation to our community members to come and help us test the Bumper protocol.

Over the following days, we will shortly be asking those who are interested in being beta testers to register. Full details to follow, and keep an eye on the announcements channel in our Discord.

Once FALKOR Beta is complete, the next step is the AURYN public launch!

For more information on the roadmap visit this article, or see the entire Bumper roadmap on our website.

Uniswap Liquidity

As we head into the latest release phase we want to make it easier to acquire BUMP Tokens. This is especially important as users require BUMP tokens in order to interact with the protocol.

As such, we have now added an additional 1.1 million BUMP tokens to the Uniswap DEX, to ensure a sufficient supply for existing and new token holders to purchase.

What you can do to help Bumper grow

Community members keep asking how they can assist with Bumper’s development, and the best thing you can do RIGHT NOW is to help to drive visibility and grow our community, which ultimately is what will create buzz around Bumper.

So, we’d like to ask all our supporters who want to see great growth to take a few moments to:

• Subscribe to our YouTube channel, and like and leave comments on the videos.
• Follow us on Twitter Reddit and LinkedIn and most importantly, like and share articles and posts.
• Sign up for our Medium blog, and give some of our articles a clap (did you know you can give up to 50 per post?) and share with the world.
• Add us to your CoinMarketCap and CoinGecko Watchlists by clicking the Star Icon on the Bumper page.
• Get a Gravity account (a new service on CoinMarketCap), and follow Bumper, as well as liking and commenting when new content is published. This is probably one of the best places we can be right now, as Gravity is a social site just for crypto enthusiasts.

There may be other ways in which you can help Bumper to be seen far and wide. Do come and let us know your suggestions in the Discord, and see if we’re able to help point you to resources which may further increase interest.

Vacancies

We still have vacancies in both our Engineering, Business/Operations and Community teams.

For the full list of current vacancies, visit our careers page.

Development Progress

Work continues across all streams. Latest development updates include:

• Engineering team updating smart contracts based on preliminary audit reports
• Working on utility smart contracts for FALKOR Alpha testing
• Geth private network nodes set up for testing
• Perfecting the look and feel of the Bumper dApp

View this, and previous, development updates on the Bumper Blog.

Office Hours

Our next Office Hours live stream will be taking place on Thursday, 21 July 2022 at 10am UTC: Make sure you’re subscribed to our channel to get an alert when we go live.

Watch the full live stream of our previous Office Hours session on Youtube, which we covered a range of topics including:

• State of the market
• Interim survey findings
• Yields
• Bumper release — Updated roadmap
• Community Questions

Press / News / Events

Some of the latest articles by and about Bumper here:

• The DeFi apocalypse of ‘22
• The non-zero sum game of Crypto
• State of Play

Want more? Check out our Medium publication and the Bumper Blog

Get your voice heard

As we move toward release (soon!) We’d love your help with evaluating where we are and what your thoughts are regarding Bumper’s price protection protocol.

Please help us to better serve the community by taking literally 2 minutes to answer a few questions relating to how you feel about DeFi, and your expectations around using Bumper, and of course feel free to give any feedback you like too.

Open the survey.

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 Discord — https://discord.gg/YyzRws4Ujd
Follow us on Twitter — https://www.twitter.com/bumperfinance
Visit our Website — https://bumper.fi

DISCLAIMER:

Any information provided on this publication is for general information purposes only, and does not constitute investment advice, financial advice, trading advice, recommendations, or any form of solicitation. No reliance can be placed on any information, content, or material stated on this publication. Accordingly, you must verify all information independently before utilising the Bumper protocol, and all decisions based on any information are your sole responsibility, and we shall have no liability for such decisions. Conduct your own due diligence and consult your financial advisor before making any investment decisions. Visit our website for full terms and conditions.