Bumper is a decentralized volatility protection protocol designed to provide an easy-to-access way to minimize downside volatility while still retaining the potential upside of cryptocurrencies. 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 asset also rises. 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 can supply stablecoin into a liquidity reserve and earn a yield.