Bumper

Now&#39;s your chance to level up your BUMP token holdings with the launch of the Bumper DAO staking rewards! Whether you&#39;ve been a part of the Bumper community from the beginning or you&#39;re just getting started, this program is all about recognising and rewarding your commitment to the DAO by offering exciting rewards.Important Details<ul><li>Access the DAO staking website here: <a href="https://lm.bumper.fi/governance/" rel="noopener noreferrer nofollow">https://lm.bumper.fi/governance/</a></li><li>Distribution of rewards are now live for all tokens staked in the DAO.</li><li>6.25 million BUMP tokens will be rewarded over 3 years.</li><li>Rewards were applied for any position that is staked after the 24 April, 2024 12 pm UTC</li></ul>GovernanceTo get involved in shaping the future of Bumper, you need to stake your BUMP tokens using our Governance dApp. Staking BUMP returns you vBUMP tokens, which basically act as your voting power, and you&#39;ll get one vBUMP for each BUMP token you stake. Staking your BUMP tokens means you&#39;ll earn rewards.If you&#39;re feeling extra committed, you can choose to lock your staked tokens for up to a year. By doing this, you&#39;ll earn bonus vBUMP tokens, giving you even more voting power. But this doesn’t affect your rewards.Rewards Now LiveRewards are now live and accruing for any staked BUMP tokens starting from today. There&#39;s no minimum requirement to kickstart your journey of staking and earning rewards with Bumper. With rewards distributed in each block, you&#39;ll be able to see your earnings grow in real-time, making your staking experience even more exciting.Reward DistributionOver the next three years, we&#39;ll be emitting 2.5% of the total supply, which amounts to a whopping 6,250,000 BUMP Tokens. Calculated at a rate of 0.83% per year, this means approximately 5,708 BUMP tokens will be up for grabs daily as rewards for DAO participants.Rewards are distributed based on your share of the staking pool. So if your staked tokens account for 5% of the total BUMP staked, you’ll earn 5% of the distributed rewards for each block you’re stake in .How to Stake and Claim:Ready to get started? Follow this <a href="https://docs.bumper.org/governance/dao-user-guides/how-to-stake-tokens-in-the-bumper-dao" rel="noopener noreferrer nofollow">handy guide</a> on how to stake your tokens in the Bumper DAO.And when it&#39;s time to claim your rewards, simply <a href="https://docs.bumper.org/governance/dao-user-guides/how-to-claim-staking-rewards-in-the-bumper-dao" rel="noopener noreferrer nofollow">follow this guide</a>.Start staking your BUMP tokens today and watch your rewards grow!

DAO Staking Rewards Now Live - 6.25 million BUMP Token Distributed

Bumper

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