Bumper Finance – Keep Your Crypto Assets Protected Even In A Bear Market With This Cryptocurrency Gem ! Did you lose funds during the last crypto market crash? Are you thinking what you could have, would have and should have done? Well, let me introduce to you, Bumper Finance. Bumper Fi is an innovative DeFi protocol designed for price protection of your crypto assets against downside market risk. 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. This is a prototype of a user experience of someone looking to gain that price protection. You just need to set the percentage of your assets you want to protect and at what price, then let Bumper do the rest. I know what you are thinking… where was this 2 months ago! To add to this, Bumper uses a near-zero slippage engine. Once the price of an asset reaches a predetermined floor, Bumper instantly switches a user out of the asset which is crashing and into stablecoin. The term “instantly” is important, as you may have experienced trying to trade an asset during a crash but due to slippage, the price changes before the trade is filled, causing the user to attempt to execute the trade again at a less favorable price. To put it simply, if a market is crashing it can be very difficult, if not impossible, for a trade to get executed at any specific price, as the price will change before the trade gets filled. To solve this problem, Bumper created the worlds’ first “near-zero slippage engine”; this groundbreaking mechanism keeps an internal ledger of all the prices at which takers of protection set their floors, as well as all the positions instigated by makers that supply stablecoin. The engine then pairs them together, and the internal ledger ensures that the price a policyholder sets as their floor is the price they get swapped into stablecoin for — without exception.
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