BRIDGE MUTUAL V2 is live!
Protect all your crypto assets and earn profits in exchange for coverage liquidity.
Provide Coverage
- Cover contracts, stablecoins, or exchanges that you think are safe.
- Stake stablecoins to provide coverage to customers.
- Earn yields in BMI over time, earn stablecoins via profit sharing when people buy coverage.
Get Coverage
- Choose contracts, stablecoins or exchanges that you want coverage for.
- Get a quote and buy discretionary coverage instantly using our app.
- Easily make a claim within minutes if you need to.
features
Leveraged Portfolio(s)
Enter V2A specially dedicated pool where users can deposit their funds for leveraging and get exposed to a high-reward / high-risk yield farming scenario. Leverage portfolio acts as a leveraged coverage provider and offers a much higher APY than regular coverage provision. Users participating in leveraged portfolios get rewards in stablecoins, BMI tokens, and Shield mining tokens. Due to the high-reward nature, leveraged portfolios are naturally fit for packaged investment products.
The value proposition for users:
- Exposure to riskier high-reward pools with attractive APYs.
- Opportunity to utilize new yield farming strategies for even higher APYs.
Reinsurance Pool
Enter V2Bridge Mutual’s Reinsurance Pool (RP) incorporates protocol-owned funds. The interest is earned from 3 factors: DeFi Yield Generator, Protocol Fee, and Reward Pool. The reinsurance pool acts as an internal coverage provider, which may significantly de-risk the protocol at no additional expense for regular Coverage Providers. With Bridge Mutual’s Reinsurance Pool, The Protocol Fee will be 20 percent, a portion of the Premium paid by Policyholders. As for the Reward Pool, a part of the 80% premium will be allocated to reward Coverage providers.
The value proposition for users:
- Increased supply of much cheaper coverage on selected pools.
- Improved operations and increased capital efficiency directly translate to overall Bridge Mutual’s value.
Capital Pool
Enter V2The BMI-platform-owned pool that manages and distributes funds both internally and externally. It is responsible for coverage liquidity withdrawals, policy payouts, as well as for investing in 3rd party DeFi protocols to generate protocol-owned yield. Its “liquidity cushion” is rebalanced daily to always guarantee continuous operations and payouts.
The value proposition for users:
- Externally oriented liquidity pool capable of interacting with the entire world of DeFi (yield farming).
- Idle funds are utilized to generate yield, which can be potentially re-distributed to BMI holders.
Shield Mining
Enter V2Shield Mining allows users (and projects) to provide X tokens to Project X Coverage Pool in order to increase the pool’s APY and therefore attract more coverage liquidity. Coverage providers will therefore receive rewards in BMI, USDT, and the project X token.
The value proposition for users:
- Developers and community members can promote their project coverage pool by depositing project X tokens and attracting liquidity with an increased APY.
- Exposure to multi-token rewards.
BMI Widget
Enter V2The BMI widget is an easy-to-implement tool that allows BMI affiliates (individuals and projects) to directly sell coverage policies and raise coverage liquidity through their own channels, all in exchange for a commission. The commission is 5-15% of the premium paid by the policy holders
The value proposition for users:
- Earning as a BMI affiliate with no up-front investment
- Personal branding benefits
BMI Mobile Version
Enter V2A mobile version of the Bridge Mutual Dapp, fit for browsing and interacting from a mobile screen. Designs and the entire user interface (UI) have been adjusted and prepared for a smaller touch screen.
The value proposition for users:
- Access to all Bridge Mutual functionalities anytime and everywhere from your mobile.
- Monitoring of your coverage portfolio will now be easier and faster.
Advantages
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Yields and profit
Staking BMI does 3 things: generates staking rewards, allows you to vote on claims and earn through claims assessment, and entitles you to yield that comes from on-chain investing of all pooled funds.
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Cross-chain Compatible
Our plan is to work on as many chains as possible to make sure that each of you finds the services you are interested in. Bridge is built primarily on Ethereum but the upcoming versions shall utilize the environments of Solana then Binance Smart Chain, Polkadot and many others to enhance platform’s performance and expand the value proposition.
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Governance
Bridge is a true decentralized, user-governed ecosystem. BMI tokens can be used to vote and improve Bridge so that it can remain secure, competitive and transparent.
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No KYC
Our platform can be used by anyone, anywhere.
About Us
Decentralized
Bridge is a true decentralized, user-governed ecosystem. BMI tokens can be used to vote and improve Bridge so that it can remain secure, competitive and transparent.
Transparent
Blockchain-based, transparent code. Both claims assessment and investment of funds are on-chain and audit-able by the public.
Fair
All claims go through a 2-phase voting process that is enforced with rewards and punishments, ensuring a thorough process for every claim.
Disruptive
Bridge will revolutionize traditional insurance, which is unfair and litigious due to its lack of transparency and misalignment of incentives.
Efficient
Bridge is more efficient than traditional insurance companies, and does not require branch offices, claims specialists, or agents to work.
Evolving
Bridge Mutual’s roadmap includes cross-chain features, oracle & NFTs coverage, transitioning towards DAO and much more.
Blog
Visit BlogBridge Mutual V2 New Launch Date: 6th of December 2021
Bridge Mutual Community, In running our final tests in preparation...
Read MoreNew BMI Staking — List of Versions, Migration, and Claiming Rewards
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Read MoreNew Launch Date for Bridge Mutual V2: November 16th, 2021
Bridge Community, Bridge Mutual Version 2: The Great Reinforcement is...
Read MoreBridge Mutual Version 2 Launches on 16th of November and Introduces New Features to the World of Decentralized Insurance
Summary: Bridge Mutual is a decentralized coverage platform that allows...
Read MoreDocuments
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Consensys Audit
View website -
Token Metrics
Download pdf (635 kb) -
BMI Protocol Coverage
Download pdf (112 kb)
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Whitepaper
Download pdf (1.6 mb) -
Whitepaper (Chinese Version)
Download pdf (685 kb) -
Zokyo Audit
Download pdf (2.5 mb)