Bridge Mutual ($BMI) is launching a Mutual Liquidity Pool with POP!, a platform that connects two projects together by locking their respective tokens and creating a trustless Mutual Liquidity Pool (MLP). This synergy will provide benefits and rewards for both Bridge Mutual and AllianceBlock communities while continuing the safeguarding of a partnership that is already in place.
For the creation of the MLP, POP! has decided to lock $100,000 of liquidity each in their native tokens in order to create the MLP. In other words, POP! has created a $200,000 ALBT/BMI Liquidity Pool on Uniswap(V2), which will be reflected on POP!’s platform for user participation through Single Sided Staking. The MLP will run for a duration of 90 days- starting from the 15th of May 2021 at approximately 19:30 UTC, and concluding on the 13th of August 2021 at approximately 19:30 UTC.
POP! will be locking their respective liquidity together through POP!’s smart contracts (Fully audited by CertiK), thereby creating the MLP on Uniswap and generating a new trading pair directly between the $ALBT token & the $BMI token. Once the MLP is live and active on the POP! platform, #ALBT & #BMI token holders will have the opportunity to provide their tokens as single-sided liquidity as well as standard liquidity mining.
Bridge Mutual will also mitigate the risk of loss of funds resulting from hacked or exploited smart contracts, exchange hacks or theft, price crashes in stablecoins, and other digital asset vulnerabilities by creating a platform that allows users to provide and purchase discretionary coverage.
You can participate in Bridge Mutual’s growth by getting your token on Uniswap or Bitfinex , and then staking it for rewards within the Bridge Mutual’s app. For a detailed walk-through of the Bridge Mutual’s innovative system, visit our Youtube channel.
Read more about the Mutual Liquidity Pool on POP!’s article:
https://link.medium.com/RdUb1UEPhgb