introducing bridge project
DISCLAIMER:This post was brought to you by Samuel321 being my personal project on BRIDGE campaign
Hello, Readers of the Best Articles
if you are interested in joining the BRIDGE project, it's good to read reviews that can help you get information that might help you in seeing their vision and mission, because it's important to understand accuracy in reviews so you don't hesitate in investing.
introducing bridge project
Bridge Mutual is a decentralized insurance provider that has embarked on its first ever offering of insurance coverage in one of the fastest growing digital asset markets: stablecoins. Bridge Mutual is based on a decentralized and discretionary insurance application that allows users to insure each other and get reimbursed in the event of a market crash or attack. Stablecoins are not always stable. They are also prone to damage and potentially useless. On October 15 2018, Tether, the stablecoin that dominates the market came under attack, broke the Tether peg to USD, dropping its value by 7%. When there is an attack, the market movements are very large and sudden. Assuming these attacks were legal and very profitable, like Soros' attacks, they would be repeated
About Bridge Mutual
Bridge Mutual provides a decentralized, scalable and comprehensive smart contract system to ensure smart contracts, stablecoins, centralized exchanges and other crypto and DeFi products. It offers a transparent, auditable and on-chain investment strategy to return returns and profit sharing to its users and does not require KYC or personally identifiable information.
This service increases competition by offering to insure stablecoins and exchanges, not just smart contracts. Additionally, Bridge Mutual is built on top of the Polkadot network, which offers forkless on-chain upgrade capabilities and a superior transaction fee structure.
Users can join the Bridge Mutual ecosystem by purchasing BMI tokens and staking BMI on the Bridge coverage pool. Funds in the coverage pool are automatically invested on-chain in other platforms, such as Compound and Aave to generate returns for users. Quotations are generated chained with actuarial formulas; users can connect their Web 3 wallets (Metamask and others) to pay coverage after receiving the offer. A portion of the premium paid by users who purchase coverage is shared among users providing that coverage as an incentive for revenue sharing.
Stablecoin insurance claims are settled instantly. All other claims go through a 3 phase voting process that resolves claims in 6 weeks or less. An incentive system is in place to ensure that every claim is resolved fairly and accurately without fraud or collusion.
This platform does not require any form of identification from its users. All funds in our ecosystem are stored in smart contracts, Bridges are completely non-custodial. No member of the Bridge team has ever had access to the funds staked on the system.
Bridge Mutual has provided legal services for a number of highly visible blockchain projects, including Akropolis, Certik, Kinesis, NOIA, QTUM, FABRK and Gate.io. Bridge Mutual has assembled an outstanding team of insurance and finance experts, as well as other programmers and lawyers. Bridge Mutual aims to be the first platform to provide coverage for the enormous $ 20B stablecoin economy, which is growing at an exponential rate. The project enjoys an over-demand spin of angels and seeds, and is currently in negotiations with a top tier blockchain fund to fill its private spin.
TOKEN INFORMATION
Token Ticker: $BMI
Token Supply: 160,000,000
Initial M/Cap: $500,000
Sale Price: $0.125
Vesting: 25% per Month
ROADMAP TIMELINE
To join & get more information please visit below link :
Website : www.bridgemutual.io
Telegram : https://t.me/bridge_mutual
Twitter : https://twitter.com/Bridge_Mutual
Author : samuel321
Bitcointalk username:Samuel321
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1925101
Telegram: @raisingstars1
ETH ADD-0x5B606c2F10687e77dc7Fe644E429320C6a39Df63
DISCLAIMER:This post was brought to you by Samuel321 being my personal project on this campaign
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