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About Bridge Mutual

Bridge Mutual is a decentralized, discretionary p2p/p2b insurance platform that provides coverage for stablecoins, centralized exchanges, and smart contracts. Its platform allows users to provide insurance coverage, decide on insurance payouts, and get compensated for taking part in the ecosystem.

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CA$0.0007454

Trading Insights

Market Stats

Market Cap

Not enough data

FDV

Not enough data

Circ. Supply

65M BMI

Max Supply

160M BMI

Total Supply

160M BMI

Performance

Popularity

Not enough data

Dominance

0%

Volume (24H)

Not enough data

Volume (7D)

Not enough data

Volume (30D)

Not enough data

All time high

Not enough data

Price Change (1Y)

Not enough data

Additional details

Market details

BMI vs markets

Not enough data

BMI vs BTC

Not enough data

BMI vs ETH

Not enough data

Tags

defi

insurance

polkastarter

Network & Addresses

Network
Address

Ethereum

0x725C263e32c72dDC3A19bEa12C5a0479a81eE688

Price history

Time
Price
Change
Today
CA$0.0007454
NaN%
1 Day
CA$0.0007562
0.00%
1 Week
CA$0.0007477
0.00%
1 Month
CA$0.0007612
0.00%
1 Year
CA$0.00459
0.00%

FAQ

Bridge Mutual (BMI) is a decentralized finance platform (DeFi). The DAO-managed discretionary risk coverage platform is based on the Ethereum network. Bridge Mutual is a permissionless as well as a decentralized risk coverage platform. Therefore, it provides risk/insurance coverage for stablecoins, smart contracts, and other services. Moreover, the platform allows users to purchase risk coverage for funds, vote on policy claims, receive compensation, etc.

Bridge seeks to provide coverage of three types: smart contract coverage, stablecoin coverage, and exchange coverage. Stablecoin coverage helps to protect users from price crashes. The platform plans to introduce more traditional coverage in the blockchain network. The Bridge Mutual platform also functions on multi-chains, and hence exchange through its multi-chain strategy is made easy.

The whitepaper states there is a demand for risk-mitigating solutions. Projects generally reduce the risks from bugs, hacks, etc. by hiring third-party smart contract auditors. In order to solve this, the platform provides smart-contract coverage policies for assets. Moreover, Bridge Mutual enables its users to create and provide liquidity for any smart exchange contract at any time in exchange for yield3. The platform also plans to start a dApp and a mobile version for offering rewards to users.

To participate in the platform, users purchase the BMI token and stake in Bridge coverage pools. The token can be used to vote and improve the platform and help it to remain secure, transparent, and competitive. Users may earn BMI tokens by providing coverage in the stablecoins, staking the current BMI token, voting on the coverage claims, and providing liquidity in Uniswap. Users may also receive multi-token rewards and branding benefits on the platform.

Mike Miglio is the cofounder, CEO, and helm of the project. Mike is responsible for all the financial decisions on the platform and token.

We update our Bridge Mutual to CAD currency in real-time. Get the live price of Bridge Mutual on Coinbase.

Assets that have a similar market cap to Bridge Mutual include DinoSwap, ASPO World, Spellfire, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Bridge Mutual is 65 million.

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Social stats

Popularity in posts

#1222

Contributors

11

Posts

28

% About Bridge Mutual

0.006%

Articles

0

X (Twitter)

71.43% bullish

Sentiment

5.0 ★

Highlights

11 unique individuals are talking about Bridge Mutual and it is ranked #1,222 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Bridge Mutual has an average sentiment score of 5.0 out of 5. Finally, Bridge Mutual is becoming less newsworthy, with 0 news articles published about Bridge Mutual.

On Twitter, people are mostly bullish about Bridge Mutual. There were 71.43% of tweets with bullish sentiment compared to 0% of tweets with a bearish sentiment about Bridge Mutual. 28.57% of tweets were neutral about Bridge Mutual. These sentiments are based on 28 tweets.

On Reddit, Bridge Mutual was mentioned in 0 Reddit posts and there were 0 comments about Bridge Mutual. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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