• bitcoin
    Bitcoin(BTC)
    $0.00 4.63%24H
  • ethereum
    Ethereum(ETH)
    $0.00 7.65%24H
  • binance-coin
    Binance Coin(BNB)
    $0.00 8.29%24H
  • usd-coin
    USD Coin(USDC)
    $0.00 -0.04%24H
  • cardano
    Cardano(ADA)
    $0.00 5.58%24H
  • chainlink
    Chainlink(LINK)
    $0.00 7.66%24H
  • bitcoin-cash
    Bitcoin Cash(BCH)
    $0.00 5.04%24H
  • stellar
    Stellar(XLM)
    $0.00 4.19%24H
  • vechain
    VeChain(VET)
    $0.00 7.84%24H
  • tezos
    Tezos(XTZ)
    $0.00 5.65%24H
  • eosdac
    eosDAC(EOSDAC)
    $0.00 3.34%24H
Crypto Currency Bazaar 4u: Today’s Latest Worldwide News on Cryptocurrency Market delivered to the last minute, Live Crypto Price Data and Indexes, Crypto Investment & Finance opportunities & Blockchain projects, Global Crypto Classifieds
  • INVESTMENTS
    • Crypto General
    • Masternodes
    • Mining Projects
    • NFTS Investments
    • Invest In ICO
    • Exchanges
    • Staking Yeild Farming
  • WORLD
  • USA
  • CANADA
  • JAPAN
  • UK
  • UAE
  • INDIA
  • MORE
    • BRAZIL
    • AUSTRALIA
    • EL SALVADOR
    • CENTRAL AMERCIA
    • SOUTH AMERICA
    • AFRICA
    • EUROPE
    • ASIA
    • OCEANIA
    • ICO
  • Login
  • BLOCKCHAIN
  • BITCOIN
  • ETHEREUM
  • NFTS
  • ALTCOIN
  • MINING
  • VIDEOS
  • LIVERATES
  • SHOP
  • CLASSIFIEDS
  • ADVERTISE
  • SUBMIT PRESS RELEASE
HealthNews
No Result
View All Result
Home EXCHANGES

DeFi Risk Coverage Protocol Bridge Mutual Introduces its V2 Upgrade with Cheaper Coverage and Higher APYs

CB4U by CB4U
January 19, 2022
in EXCHANGES
0
DeFi Risk Coverage Protocol Bridge Mutual Introduces its V2 Upgrade with Cheaper Coverage and Higher APYs
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Disclosure: This is a sponsored post. Readers are encouraged to conduct further research prior to taking any actions. Learn more ›

Bridge Mutual, a DeFi risk coverage application opens up the new year with a major upgrade to its platform. The new Bridge Mutual V2 brings in many competitive features enabling its users to indulge in higher APYs and cheaper coverage.

What is Bridge Mutual?

Bridge Mutual is a fully decentralized, p2p/p2b discretionary risk coverage platform covering smart contracts, stablecoins, centralized exchanges. The first version of Bridge Mutual was effectively released on the 9th of July 2021 with the endorsement of Tether and Bitfinex. Following its release, multiple top-tier coverage pools were whitelisted on its platform; Aave, Barnbridge, Bancor, 1inch, and many more. Shortly after, Bridge Mutual faced its first claim during the Popsicle Finance attack, which resulted in the affected user being paid back nearly in its entirety.

Introducing Bridge Mutual V2

Bridge Mutual released its second version of the platform on December 21, 2021, which is a massive upgrade with a list of rewarding features such as Leveraged Portfolios and Shield Mining. The new features will generate higher rewards, an increased supply of cheaper coverage, and improved capital efficiency.

In the past year, approximately $10B was lost due to cybercrimes in the DeFi space. Bridge Mutual helps users reduce these risks so that they are protected from abuse by malicious actors. Nonetheless, smart contracts are susceptible to hacks and exploits, exchanges are vulnerable to attacks and security breaches, and stablecoins can de-peg or crash. Bridge Mutual solves this problem in a way that is economically viable long-term, transparent, profitable, decentralized, and scalable.

Where is Bridge Mutual headed?

With the amount of high talent of the team, Bridge Mutual V2 will enable the platform to be one step closer to the Bridge Mutual DAO. With its V2 features such as Leveraged Portfolios, Reinsurance Pool, Shield Mining, users will be able to perform high-level coverage purchases and provision at their best advantage. Additionally, Bridge Mutual will start to generate revenue by investing idle liquidity in low-risk yield generators DeFi projects which will further support the Vault and allow the future DAO to interact with the world of DeFi. The necessary features such as the BMI widget and UI improvements being integrated now are essential for the growth of the platform. Additionally, Bridge Mutual is also strengthening a mobile version of its platform to ensure users are able to view their portfolio, purchase and provide coverage, and stake their BMI tokens directly from the touch of their fingertips.

Bridge Mutual to Keep DeFi Trustworthy and Safe

With the inevitable possibility of projects being hacked in the DeFi space, Bridge Mutual aims to step up to the plate to ensure the DeFi industry has a chance to avoid cyber threats that may result in devastating losses. As Bridge Mutual continues to grow, more features will be integrated into its system to benefit its users at the highest level. The new Bridge Mutual V2 brings advanced and upgraded features to life, enabling DeFi users to shield themselves from the uptrend of DeFi attacks.

About Bridge Mutual

Bridge Mutual, a decentralized coverage platform, is on a mission to become the #1 crypto-armorer of Decentralized Finance and equip everyone with protection against universal crypto threats. We are a fully decentralized, p2p/p2b discretionary risk coverage platform covering smart contracts, stablecoins, centralized exchanges. Our platform allows users to provide coverage, decide on policy payouts, share profit, and get compensated for adjudicating claims. Users can get protection and provide one in exchange for yield. We focus on great product design, pro-community business objectives, and synergy with other web3 innovations.

Website | Telegram | Medium | Twitter | CoinGecko | Youtube | Gate.io | Bitfinex | Discord

Posted In: DeFi, Sponsored

CryptoSlate Newsletter

Featuring a summary of the most important daily stories in the world of crypto, DeFi, NFTs and more.

Get an edge on the cryptoasset market

Access more crypto insights and context in every article as a paid member of CryptoSlate Edge.

On-chain analysis

Price snapshots

More context

Join now for $19/month Explore all benefits

Advertisement Banner
Previous Post

Crypto Mining Hearing Memo Tainted With “Approximate” Data

Next Post

Crypto 🚀 Listing take place on January 13 🔥 Don`t miss!!!

CB4U

CB4U

Next Post
Crypto 🚀 Listing take place on January 13 🔥 Don`t miss!!!

Crypto 🚀 Listing take place on January 13 🔥 Don`t miss!!!

Discussion about this post

RECOMMENDED

Terra’s Largest DeFi Platform Just Cut Yield Rates, Here’s Why:

Where Is Terra’s (LUNA) Enormous Bitcoin Reserve?

9 months ago
SHIB Price Analysis: Shiba Inu Forms An Inverted Pennant Pattern; Another 35% Dip On Charts

SHIB Price Analysis: Shiba Inu Forms An Inverted Pennant Pattern; Another 35% Dip On Charts

1 year ago

DON'T MISS

Find All PanCakeSwap in 7 Seconds!

Find All PanCakeSwap in 7 Seconds!

February 7, 2023
‘CRYPTO SUMMER’ LIKELY TO START IN Q2 2023 – $100K BITCOIN BY YEAR’S END?!

‘CRYPTO SUMMER’ LIKELY TO START IN Q2 2023 – $100K BITCOIN BY YEAR’S END?!

February 7, 2023
Token Natural Growth Algorithm Inside Telegram Bot

Token Natural Growth Algorithm Inside Telegram Bot

February 7, 2023
Rocket Pool Price Surges 8% To $42

Rocket Pool Price Surges 8% To $42

February 7, 2023
Crypto Currency Bazaar 4u: Today’s Latest Worldwide News on Cryptocurrency Market delivered to the last minute, Live Crypto Price Data and Indexes, Crypto Investment & Finance opportunities & Blockchain projects, Global Crypto Classifieds

The Cryptocurrency Bazaar 4U was founded in 2020 for providing the most trusted information for the Crypto enthusiasts covering a broad range of news about blockchain technology, cryptocurrency assets, emerging fintech trends in the decentralized space, and other related wide array of information surrounding this emerging technology.Our team provides the most up-to-date and accurate news from different sources in this space comprising of unbiased news, in-depth analytics, detailed cryptocurrency price charts, and insightful opinion pieces is the basis of our editorial content.

POPULAR POSTS

Find All PanCakeSwap in 7 Seconds!

Find All PanCakeSwap in 7 Seconds!

February 7, 2023
‘CRYPTO SUMMER’ LIKELY TO START IN Q2 2023 – $100K BITCOIN BY YEAR’S END?!

‘CRYPTO SUMMER’ LIKELY TO START IN Q2 2023 – $100K BITCOIN BY YEAR’S END?!

February 7, 2023
Token Natural Growth Algorithm Inside Telegram Bot

Token Natural Growth Algorithm Inside Telegram Bot

February 7, 2023

Categories

  • AFRICA
  • ALTCOIN
  • ASIA
  • AUSTRALIA
  • BITCOIN
  • BLOCKCHAIN
  • BRAZIL
  • CANADA
  • CENTRAL AMERCIA
  • CRYPTO GENERAL
  • EL SALVADOR
  • ETHEREUM
  • EUROPE
  • EXCHANGES
  • ICO
  • INDIA
  • INVERST IN ICO
  • INVESTMENTS
  • JAPAN
  • MASTERNODES
  • MINING
  • MINING PROJECTS
  • NFTS
  • NFTS INVESTMENTS
  • OCEANIA
  • SINGAPORE
  • SOUTH AMERICA
  • STAKING & YEILD FARMING
  • UAE
  • UK
  • Uncategorized
  • USA
  • VIDEOS
  • WORLD
  • CONTACT US
  • DISCLAIMER
  • PRIVACY POLICY
  • ABOUT US
  • CLASSIFIED
  • ADVERTISE
  • SUBMIT PRESS RELEASE

© cryptocurrencybazaar4u.io

No Result
View All Result
  • BLOCKCHAIN
  • BITCOIN
  • ETHEREUM
  • NFTS
  • ALTCOIN
  • MINING
  • VIDEOS
  • LIVERATES
  • SHOP
  • CLASSIFIEDS
  • ADVERTISE
  • SUBMIT PRESS RELEASE

© cryptocurrencybazaar4u.io

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoin
    Bitcoin(BTC)
    $0.00 4.63%24H
  • ethereum
    Ethereum(ETH)
    $0.00 7.65%24H
  • binance-coin
    Binance Coin(BNB)
    $0.00 8.29%24H
  • usd-coin
    USD Coin(USDC)
    $0.00 -0.04%24H
  • cardano
    Cardano(ADA)
    $0.00 5.58%24H
  • chainlink
    Chainlink(LINK)
    $0.00 7.66%24H
  • bitcoin-cash
    Bitcoin Cash(BCH)
    $0.00 5.04%24H
  • stellar
    Stellar(XLM)
    $0.00 4.19%24H
  • vechain
    VeChain(VET)
    $0.00 7.84%24H
  • tezos
    Tezos(XTZ)
    $0.00 5.65%24H
  • eosdac
    eosDAC(EOSDAC)
    $0.00 3.34%24H
en English
en Englishja Japaneseko Koreantl Filipinovi Vietnamesehi Hindibn Bengalita Tamilzu Zulusw Swahilide Germanfr Frenches Spanishpt Portugueseru Russian