Bumper Announcements
2.74K subscribers
418 photos
10 videos
565 links
Bumper protects the value of your crypto using a radically innovative DeFi protocol.
🗒 Chat → https://t.me/bumperfinance
👉 Get to know us better → http://bumper.fi/links
👾 Join the Community on Discord for discussion → https://discord.gg/YyzRws4Ujd
Download Telegram
🎥 Bumper Office Hours Replay – November 2024 🎥

Missed the live session? Catch up on all the insights from our November Office Hours with Bumper’s co-founders, Jonathan and Gareth.

Here’s what we covered:

Strategies during Bitcoin’s recent all-time high 🚀
Updates on token liquidity and market-making plans
Progress on Arbitrum grants and future developments
Zealy campaign highlights and how it’s fostering awareness of the Bumper protocol
A sneak peek into the Bumper Intern strategy reboot 🛠️

Plus, don’t miss the community Q&A at the end and the Zealy quest password reveal! 🍓

https://www.youtube.com/watch?v=n9zaJfxAKu4
🚀 Bitcoin’s almost $100K moment—what happens next? 🤔

The road to $140K could be just beginning. Whether $BTC rallies or pulls back, protect your gains and stay in the game with #Bumper.
Discover how we safeguard your assets while you chase the highs:

https://www.bumper.fi/post/bitcoins-almost-100k-moment-whats-next-for-btc-and-bumper.
🎙️ Get ready to tune in, legends! 🎙️🔥 Bumper x Arbitrum Core AMA 🔥

🚀 It’s all about next-gen DeFi moves: AI, hedge, earn, and how to stay cool when the markets heat up. 🌊

👉 https://x.com/bumperfinance/status/1864212228276408508

🗓️ Dec 11 AM UTC
📍 Arbitrum Core Twitter Spaces

💾 Don’t miss it! Be there or be square.
🚨 AMA Alert! 🚨

Hey everyone! We’ve got a big event coming up with Arbitrum Core, and we’d love for you to join us!

📅 When: December 11, 10 AM UTC
📍 Where: Twitter Spaces

Come along to hear the Bumper team chat about:

How Bumper protects your crypto assets 🚀
What’s next for $BUMP in 2025 📈
Live Q&A with the community 🤝

Got questions?
Drop them in the AMA thread or share them here, and we’ll make sure they’re answered live.

Mark your calendar, invite your friends, and let’s make this AMA one to remember! See you there! 🎙️
🚀 Just dropped: Our AMA recap with Arbitrum Core!

Discover how Bumper is reshaping DeFi with customizable price floors, dynamic premiums, and seamless integration all on @Arbitrum. 🌐

Catch all the highlights here: https://medium.com/bumper-finance/unpacking-bumper-defi-redefining-risk-management-on-arbitrum-why-it-matters-330c47a32639

#DeFi #Arbitrum #Bitcoin
Bitcoin’s at $107K – don’t let your gains get away! 🎣

The markets are wild, but with Bumper, you can reel in the profits while locking down your floor. 🐟🛡️ No need to sell – keep your assets safe from dips & ride the next wave! 🏄

Hook it. Protect it. Bumper it.

https://x.com/bumperfinance/status/1868864512511951115
🎮 Power Up, Bumper Legends! 🎮

We’ve hit a major level-up moment: Bumper’s been invited as special guests of Coquest, teaming up with Zealy, to bring you sponsored quests that are as rad as a synthwave mixtape. 💾💥

💎 Sponsored Quests: Think of it like bonus power-ups! Projects looking to grow their communities are sponsoring quests just for the Bumper fam.
💰 Bumper Boosted Rewards: Rewards from these quests will flow straight into the Zealy sprint rewards pool—more XP, more prizes, more fun!

🔥 First Sponsored Quest Alert: We’ve just dropped our first one, and it’s live now! Let’s rally together and make it a hit to attract even more sponsors. Jump in here:
👉 Sponsored Quest Link

But that’s not all! 🌟
Bumper is one of 30 featured projects in the Zealy Winter Hustle, launching tomorrow! ❄️ This sprint is packed with epic prizes, fierce competition, and all the holiday vibes you can handle. 🕹️ More deets dropping soon!

Let’s show ‘em what the Bumper community is made of. Smash that join button, hit the quests, and let’s dominate the leaderboard! 💪🚀

Game on, team. Game on. 🎧
🎄❄️ HOLIDAY ALPHA ALERT! ❄️🎄

Ready to level up your hustle this festive season? Bumper’s in the Zealy Winter Hustle with a $6,600 prize pool waiting to be claimed! 💰

Grind quests, rack up XP, and dominate the leaderboard—it’s a no-brainer. 🚀

🏆 Don’t miss your shot at BIG rewards—start now:
https://zealy.io/cw/zealywinterhustlers/questboard/8a36afb9-2480-4dd9-b350-1e5e0bca2434
🎉 Congratulations, Bumper!

$7M Total Trading Volume

🚀Including:
💎 $6,241,587 Hedge Deposits
💰 $762,394 Earn Deposits


All happening on Arbitrum 🌌

https://x.com/bumperfinance/status/1871435839575846962
🔧 Tools down for the holidays!

Hedge smarter, earn bigger, and keep your crypto merry and bright this season.

While the team will be lighter, Bumper remains fully operational—thanks for your patience!

Wishing you a secure and prosperous new year from the Bumper team! 🎄🚀

https://x.com/bumperfinance/status/1871455932179493147
Bumper Announcement

We’d like to share an update regarding recent developments in the protocol:

- The protocol is working as designed. The Maker pool in the WSTETH market has suffered some large claims recently. The protocol has now increased the premium rates to bring more USDT to the capital pool.
- Unfortunately the early stage of the protocol growth means these claims have affected the balance of the pools in a way that has forced the protocol to increase the premiums and reduce yields to negative levels.
- We have implemented some Christmas Day fixes that include some parameter changes to bring the premiums down for those users currently affected.
- If you have been affected by the high premiums in the past day or so then please email support with your wallet address and we’ll look into it.
- Likewise the Makers for the WSTETH market have suffered some drawdowns due to the claims. Again, this is expected but has been exacerbated by the realities of the early growth period.
- If you are a Maker that has been affected by the very negative yields over the past day or so then please email support with your wallet address and we’ll look into it.
- We have also decided to pause the ability to deposit into the WSTETH market for Takers until we are satisfied the changes have achieved their desired effect.

Thank you for your understanding and patience during this time. Further updates will be provided as more information becomes available.
Bumper Update: Addressing the Protocol Issues over the Holiday Period

We want to provide transparency on the issues raised around premium spikes and their impact on both Takers and Makers during December. Here’s where we’re at:

Assessment in Progress:
We are actively compiling a list of affected accounts via support emails to understand the full scope of the problem. If you haven’t already, please reach out via creating a ticket in Discord #support channel.
Please note the premium issue appears to only have affected a single user with two open positions only. Naturally, we will settle this matter via support correspondence.
We are currently doing a deep-dive into the reasons but at this stage cannot see anything untoward but merely a state of balance that required premium increases. This may very well be due to the levels within the protocol not yet surpassing what we call the “steady state” period.

Takers:
For Takers affected by excessive premiums, we are working to:
- Reimburse the excessive premiums.
- Assess overall positions to establish a fair policy over the matter.

Makers:
We’re analysing the drawdowns and require more time as this is a more complicated issue.

Next Steps:
Once we’ve reviewed all data, we will finalise a plan and communicate specific resolutions to those affected, and summarise to the community the solutions we provided. In the meantime, please continue to send your support inquiries if you’ve been impacted.

Office Hours:
We will host an Office Hours session later this month to provide updates and answer community questions directly. Details will be announced next week.
Thank you for your patience as we work to resolve this. We remain committed to ensuring fairness for all users and restoring confidence in the protocol.
Feel free to reach out with any questions or concerns, and we’ll do our best to assist.

Best,
The Bumper Team
📀 This Week in Crypto – Bumper Edition 📀

🚀 Bitcoin smashes a fresh ATH at $109,358, then cools its jets at $103,608 post-Trump inauguration. Buckle up, it's gonna be a ride.

💰 Uncle Sam’s got digital ambitions—policies dropping to boost innovation while giving CBDCs the cold shoulder. Plus, whispers of a national crypto stockpile for financial sovereignty.

🎭 Meme-coin madness! $TRUMP and $MELANIA hit the scene, sending Solana soaring 30%+.

📈 XRP flashes back to 2018 with a 7-year high at $3.4, fueled by ETF buzz and ledger action.

🛠️ VanEck files for an Onchain Economy ETF, putting crypto infrastructure in the spotlight.

💸 The Bitfinex hack from ‘16—$9B in Bitcoin might be making its way back. Wild.

Stay hedged. Stay Bumper. 💾

https://x.com/bumperfinance/status/1882634506395623431
📢 Bumper Update 📢

Our site is back to normal! 🚀

The recent issue was due to Arbitrum updating the USDT symbol to USDT0, which caused a temporary disruption. This was a legacy issue that the team has now resolved.

For now, we will continue using USDT (legacy symbol) to avoid further disruptions, as migrating fully to USDT0 will be a time-consuming and complex process.

Thank you for your patience, and as always, stay Bumper! 🚗💨
🚨 Crypto Bloodbath Today 🚨

Bitcoin slipping, Ethereum tumbling, and Solana taking a nosedive. Red candles everywhere. 🩸📉

Markets are shaking out weak hands, but volatility is the name of the game. Buckle up and hedge smart.

🔗 Stay safe with Bumper: app.bumper.fi

https://x.com/bumperfinance/status/1886232660751913009
🚨 Volatility Alert! 🚨

This week is packed with market-shaking events:

📢 Monday: Trump's "Reciprocal Tariff" announcement
📉 Tuesday/Wednesday: Fed Chair Powell testifies
🔥 Wednesday: CPI inflation data drops
📊 Thursday: PPI inflation report
🛍️ Friday: Retail Sales numbers
With 20% of the S&P 500 reporting earnings, expect serious market swings.
Smart traders hedge. Are you covered? 🤔💡

https://x.com/bumperfinance/status/1888776867974635753
🚨 Bumper SitRep: Addressing Protocol Imbalances 🚨

The latest update on Bumper’s protocol challenges, the impact on users, and the steps we’re taking to stabilise liquidity.

🔹 Maker-Taker imbalance & premium spikes
🔹 Adjustments & reimbursements underway
🔹 Next steps to strengthen pool stability

Read the full update:
https://bumperfinance.medium.com/bumper-sitrep-february-2025-2089418ff064
Hey everyone! We’re thinking about kicking off some regular X Spaces to keep the conversation going.

Who would you love to see join us as guests? Think KOLs, buidlers, analysts—anyone who will bring insight, value, & good vibes.

Tag your suggestions in the tweet below! 🎙️🔥

https://x.com/bumperfinance/status/1894512698119131658
🚨 Bumper Update 🚨

We're aware the platform is currently closed. Our team identified an issue, applied a patch, and now we're conducting further testing and investigation to ensure everything runs smoothly. Thanks for your patience—we’ll provide updates as soon as we have more to share. 🔧