Recently, we have shared that Bridge Mutual V1 is going live on the 29th of June 2021. The launch of the platform will be celebrated with a Coverage Mining Event, during which 6,000,000 of BMI tokens will be distributed as rewards to the participants.

Before that happens, we wanted to provide you with a full manual of BMI staking — past, present, and future. All of this information will also be featured in our GitBook (available on bridgemutual.io) and you can always reach out for help in our official telegram channel.

We’re also introducing version numbering (V1, V2, V3…) to our staking to avoid any confusion.

Important — current staking (V2) will stop being supported on the 29th of June. Stakers will be provided with an option to migrate to new staking (V3), with a new, much bigger pool of rewards. Read the details below to learn more.