Most bodacious greetings dudes. It’s been a hella busy month since our last Sitrep, and we’ve loads to get into. As usual, we’re gonna motor through the big picture and give you all the links you need if you wanna dive in further. Bumper Numbers Circulating Supply: 78,249,995.1311 BUMP price: $0.06262 Price Changes: 24h…

Bumper DAO Takes Off: Buckle Up for an Excellent Adventure into DeFi Governance! Today is a groovy day as we’re stoked to announce the successful launch of Bumper’s DAO governance model — You BUMP token holders have da power, and we encourage you to check out some of the wicked features, and of course, get involved so you can call the shots on…

Bumper DAO: Community Governance with a Bump! May has always been a great time for releases. Top Gun (1986), Rocky III (1982), Friday the 13th (1980) and both the subsequent Star Wars films (1980 and 1983 respectively) had their debuts during the month of May. Good times. And May 2023 is a key milestone for us, as…

Global Staking unlock As part of our roadmap towards mainnet launch of the protocol on August 1, 2023, we are announcing the closure of our existing staking program with immediate effect. The majority of users who were staking in this program took fixed positions (up to 90 days) to earn a bigger share…

Introduction and context It’s been 2.5 years of R&D since Bumper launched as a project with a radical idea — to re-imagine risk management for cryptocurrency users and develop a novel new DeFi hedging solution. From the beginning, our mission brief was to provide users with a method to protect the value of…

The world of cryptocurrency trading has expanded beyond just buying and selling digital assets. Today, crypto enthusiasts and professional traders alike are increasingly exploring options trading to diversify their portfolios and manage risks more effectively. Understanding the concepts of implied and historical volatility is crucial for anyone venturing into crypto…

Due to the unique characteristics of the cryptocurrency market, where rapid price swings are commonplace, it’s surprising that we don’t hear too much about risk hedging. While options desks meet the requirements for hedging tools in traditional markets, the crypto world does not enjoy the same level of interest in…

This isn’t a game — The destruction of liberty and the long con. This is not a game. The way things have been your whole life is dramatically changing around you, right now. Like the wind, you might not be able to see it, but it affects everything — we’re talking about the way money works, and it’s serious. It’s been 110 years…

The Shanghai Upgrade is an upcoming hard fork in the Ethereum protocol that introduces several enhancements to the network. This concise analysis highlights the benefits and potential pitfalls for the Ethereum community. Shanghai Upgrade Pros:‍ Boosting Liquidity: The Shanghai Upgrade aims to improve liquidity for Ethereum stakers and validators. The Shanghai fork’s implementation…