InsurAce.io are delighted to confirm their official partnership with Bumper, a protocol with a security-driven focus.
InsurAce.io and Bumper have today confirmed a partnership that will provide users with a safe and secure environment for their DeFi activities.
The Bumper protocol aims to protect users and traders from market crashes with their pure, decentralized market for on-chain asset price volatility. The InsurAce.io team were incredibly impressed with their dedication to the security of their users.
“As part of our continued mission to make crypto safer for everyone, it is always great to see new solutions to help users protect their assets. We are proud to partner with Bumper and work with them on solutions that help to reduce users’ exposure to market volatility. With unique solutions like this, coupled with insurance and other security protocols, we continue to build the infrastructure for the future of finance and decentralized systems,” Oliver Xie, Founder, InsurAce.io.
As a result of this partnership, Bumper are offering the InsurAce community a 5% bonus to anyone who participates in their upcoming Public Sale.
To claim your extra $BUMP tokens, just register your details on their site, complete registration and KYC with Tokensoft prior to the sale on Thursday 9th December 2021. Any tokens purchased will be accredited with an additional 5%. For more information click here.
About Bumper
The Bumper Protocol is a pure, decentralized market for on-chain asset price volatility. Users of protection set a floor price, and if the market crashes, their asset will never fall below that price. Importantly, if the market pumps, their assets rise too.
Protected positions incur an incremental, floating premium based on asset price movements. This, in turn, is used to incentivize the complementary side of the market wherein stablecoin depositors may supply stablecoin into a liquidity reserve and earn a yield.
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About InsurAce.io
InsurAce.io is a decentralized multi-chain insurance protocol, to empower the risk protection infrastructure for the DeFi community. InsurAce.io offers portfolio-based insurance products with optimized pricing models to substantially lower the cost; launches insurance investment functions with flexible underwriting mining programs to create sustainable returns for the participants; and provides coverage for cross-chain DeFi projects to benefit the whole ecosystem.
At the time of writing, InsurAce.io has provided coverage to 87+ protocols, safeguarding over $170M DeFi assets on 12+ public chains.
InsurAce.io is backed by DeFiance Capital, Parafi Capital, Alameda Research, Hashkey group, Huobi DeFiLabs, Hashed, IOSG, Signum Capital, LongHash Ventures and a dozen of other top funds.
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