crypto tokens are protected <\/a>from downside volatility, allowing them to take leveraged positions with no fear of losing their investment.<\/p>\n\u201cFifty years is a long time in tech and although Bumper uses completely different inputs and a novel rebalancing mechanism, it is surprisingly correlated with Black-Scholes, but more efficient, even under the most volatile of market conditions,\u201d said Bumper\u2019s Co-founder and CEO, Jonathan DeCarteret.<\/p>\n
Bumper. Fi says its innovation\u00a0is the result of a three-year R&D program\u00a0funded by $20 million in seed money and developed in conjunction with the Swiss Centre for Cryptoeconomics, best known for its work on Synthetix.<\/p>\n
In addition, Digital Mob, who have worked on protocols like Barnbridge, Gnosis, and Filecoin, wrote the code for Bumper. The resulting protocol offers a 30% savings compared to conventional options desks and pays Liquidity Providers (LPs) between 3% and 18% APR on USDC they deliver. The protocol\u2019s premium is determined periodically over the duration of the contract. Furthermore, it\u00a0is influenced by factors such as market fluctuations, protocol rebalancing, and the user\u2019s floor position.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
Bumper.Fi, a DeFi protocol, has launched an innovative\u00a0cryptocurrency options trading solution, billed as an \u201coptions\u00a0killer.\u201d The protocol\u2019s underlying equation\u00a0promises staggering improvements over existing methods based on Black-Scholes approach. Bumper launched the service on September 7th and says that its approach\u00a0slashes\u00a0prices by an average of 30% compared to the current market leader, Deribit. Bumper has been […]<\/p>\n","protected":false},"author":2,"featured_media":152486,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-152485","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/152485","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=152485"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/152485\/revisions"}],"predecessor-version":[{"id":152492,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/152485\/revisions\/152492"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/152486"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=152485"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=152485"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=152485"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}