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Panther and BUMPER Protocol Announce Partnership to Provide Seamless DeFi User Experience

Panther Protocol, who is developing scalable infrastructure for DeFi and Web3, and Bumper, an innovative DeFi protocol that aims to protect users and traders against market crashes, are entering into a partnership agreement that aims to benefit retail and institutional users alike.

Privacy and self sovereignty are at the heart of Panther’s value proposition. Together with Bumper, our shared vision is one where individuals not only benefit from the ability of distributed technologies to provide fairer digital transaction systems, but may do so with the ultimate confidence that their privacy is maintained.The combination of decentralisation and full control over privacy is the pinnacle of digital empowerment.

Most can agree that a key ingredient of individual liberty is open financial access, and through this, many ultimately seek complete financial freedom. In the quest for that achievement, decentralized finance trailblazers learn to accept, or at least tolerate, higher risk. In the absence of luck, high rewards can only be accessed with high risks. While some fortunate participants  find a golden path and consistently grow their net worth, many end up over-exposed and over-extended, and return their newly accumulated wealth back to the market.

The truth is, consistent risk management is critical for long term success, just like transactional privacy is essential for staying safe and free in the DeFi jungle.

Together, Panther and Bumper aim to provide DeFi users with a seamless, safe, and private DeFi user experience. Panther will provide Bumper users with a “private-by-default” experience while also enabling them to selectively disclose transactional data with counterparties and institutions whenever they wish. Panther will also create workflows that allow institutions and fintechs (and their users) to enter DeFi and enjoy the Bumper Protocol’s volatility protection systems, all the while staying compliant with world class KYC and AML standards.

Oliver Gale, CEO at Panther Protocol said about the partnership: ““Bumper provides downside protection to crypto assets, Panther provides privacy – this partnership simply makes sense from a composable DeFi world view. We are excited to enhance and prepare Bumper for institutional capital seeking price protection and confidentiality.”

The teams are hard at work in design thinking sessions, and the possibilities seem endless. Potential use cases include providing Panther’s privacy miners with market crash protection. This allows them to reap the rewards for providing their assets to Panther shielded pools, while increasing Panther’s anonymity set. More rewards and less risk is always a good thing in DeFi.

Bumper COO, Gareth Ward, remarked, “We see Panther as a key building block for the future of crypto, a game changer in bringing privacy and compliance together, much in the same way Bumper will change the way people manage risk in the future.”

Panther’s mission is to accelerate the development of the DeFi and Web3 ecosystems, providing dApp builders and end users with privacy and risk reduction features that can open the floodgates for mainstream adoption of decentralized applications.

Follow Bumper and Panther on social media to be the first to hear of these announcements.

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed to be financial legal or tax advice. Trading Forex, cryptocurrencies, and CFDs poses a considerable risk of loss

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