How to Deposit (Open Maker Position)
In order to use the Bumper dApp, you need to connect your wallet.
If you are not connected you may see the following screen:
To connect, select the type of cryptocurrency wallet you wish to use with Bumper.
You can also connect by clicking on the CONNECT WALLET button on the top right of the dApp.
Click on the Earn tab to begin.
Scroll down to the protection information area below.
This area shows the amount of USDC stablecoins in your wallet, as well as the amount you have currently both in Maker positions and available to be deposited for earning.
Click on the Earn button to begin the process to open a Maker position.
The first box shows the amount of USDC available in your wallet.
The second box allows you to select an amount of available USDC to deposit to open a Maker position. Use the slider to select the required deposit amount, or hit the Max button to select all available USDC.
The Required Bond box shows the amount of BUMP tokens you need to have in your wallet, which are both currently unstaked and unbonded.
In the next box down, select a term (the earning period) for your Maker position. These are fixed terms, and you can select from 30, 60, 90 or 120 days.
You can also choose to automatically renew your Maker position at the end of the term by using the Auto-renew toggle.
In the next box down, choose your Risk Tier.
This is a measure of your exposure to risk. The higher the number, the higher the risk (but potentially the higher the rewards too).
The box at the bottom shows a summary of your position. Once you are happy to proceed, click the Next button.
Make a final review of the position you wish to open.
Once you are happy to proceed, make sure you accept the terms and conditions using the checkbox, and then click the Confirm button.
Now you need to confirm the transactions in your connected wallet.
There are two steps, firstly a signature request (which should require no gas fee to be paid) and secondly the actual transaction itself (which does require a gas fee to be paid).
Once you have confirmed these in your wallet, the protection position will be open.
After a few moments, the transaction will be confirmed. At this point, the appropriate amount of BUMP tokens will be bonded, and your Maker position is now open.
A summary of your position will be displayed.