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Tuesday

27 July 2021

Bear Market Cancelled with Bumper's Crypto Price Protection - LP Program Is Now Live, Attracting $4M in Minutes | Live Bitcoin News

Bear Market Cancelled with Bumper's Crypto Price Protection - LP Program Is Now Live, Attracting $4M in Minutes | Live Bitcoin News


smart summary beta

Yet as the crypto space matures, even veterans are looking for ways to safeguard their assets and ensure a price floor that is palatable.

It allows users to take policies that mitigate the effect of volatile swings on their assets.

By paying a small premium, averaging around 3%, users can lock in prices for their crypto and can be rest assured that, should another violent downswing occur, they can cash out for their set price.

It offers a chance for investors to keep their crypto assets as crypto, but safe in the knowledge that a guaranteed dollar price is assured and their crypto is protected from price drops.

Now, the new liquidity program will further incentivise users to take action, either by protecting their assets or earning APR on their liquidity.

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