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Bridge Mutual

Bridge Mutual, the decentralized, peer-to-peer discretionary coverage platform for digital assets, today announced that it has received a $1 Million order for the purchase of BMI tokens from Tether, the blockchain-enabled platform that powers the largest stablecoin by market capitalization (USDT), and Bitfinex, one of the largest cryptocurrency exchanges by volume.

In addition to the purchase of tokens, Tether and Bitfinex will assist Bridge Mutual in its effort to become the most widely used and supported decentralized coverage platform in the market; and Bridge Mutual will make USDT the base stablecoin by which the entire Bridge Mutual platform operates. …

It has been almost a year since we started developing the first product drafts of the Bridge Mutual Protocol. We spent these intense ten months building the world’s premier risk coverage platform, designed to be the most permission-less and decentralized platform on the market today.

The team has grown to over 30 people, and our vision has expanded exponentially into a suite of innovative products with a multi-year development plan. …

Today marks a significant milestone in Bridge Mutual’s development — the team is extremely happy to announce that the test net is officialy deployed and ready to use. We are also launching a bug bounty program on ImmuneFi.

This launch brings Bridge Mutual ($BMI) one step closer to its goal of revolutionizing security norms in crypto. +

As of now, Bridge Mutual V1 is officially deployed on the Ethereum test net. We are also currently working on launching on the Polygon test net.

Our momentum has just started. Bridge Mutual aims to utilize the best parts of all available chains and…

Bridge Community,

Bridge Mutual Platform launched on the 9th of July with a Coverage Mining Event designed to last until the 23rd of July. The event includes a team-based competition centered around providing the largest amount of liquidity by any team and individual. Apart from an extra pool of 450,000 BMI tokens dedicated towards the top ten teams, the largest individual contributors and team members were promised utility NFTs that unlock special benefits within the Bridge Mutual platform.

  • NFTs were arranged into 4 categories: PLATINUM, GOLD, SILVER, and BRONZE.
  • The top 5 contributors of the entire event, regardless of the…

On Friday, July 9th, 2021, the Bridge Mutual platform launched with a limited time Coverage Mining Event. In 2 days, the coverage liquidity on the BMI platform exceeded $13M USD and continues to grow! The BMI team would like to thank the community for its amazing support, contributions, and feedback so far!

Below you will find an explanation of a major bug that occurred and was fixed; instructions on how to migrate to the new BMI/ETH LP Staking Pool (V 3.1); and a list of bugs fixed since the launch.

Summary of the major bug that occurred and was fixed:

The launch of the platform and its quick adoption revealed…

Please read this entire article for critically important information regarding our V1.0 launch, the coverage mining event, a list of known minor bugs, and plans for the near future.

As of now, the platform and coverage mining event are live. Please go to to access the app. Users can join and create teams, provide coverage, purchase policies, submit claims and upload evidence, vote on claims, and managing their liquidity.

CRITICAL INFORMATION: After a user has joined a team and deposited funds into a coverage pool of their choice, they MUST go back to the main dashboard and manually stake their funds. Funds that are not staked in this way do not earn BMI rewards. We are working on making it so that funds will automatically be staked in…

The Bridge Mutual team is excited to announce its official Audit Report release. The BMI team is dedicated towards maintaining the highest standards of security and transparency, therefore, they have decided to work with one of the top auditors: Zokyo Security, a leading blockchain security company within the Blockchain space. Zokyo auditing worked in parallel to a $2,000,000 USD bug bounty released on the ImmuneFi platform.

Following March 2021 when the first internal audit was completed, Bridge Mutual commissioned another audit from Zokyo Security to cross-check the entire auditing effort and verify the security of the updated code. After the…

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 and you can always reach out for help in our official telegram channel.

We’re also introducing version numbering (V1, V2, V3…) to…

Bridge Mutual ($BMI) is excited to announce an official collaboration with Terra Money, an innovative foundation responsible for projects such as Anchor Protocol and Mirror Protocol.

To facilitate cooperation and knowledge exchange between the BMI and LUNA communities, the Bridge Mutual team will participate in an AMA hosted by Terra Money to explain the potential of this partnership to the communities of both projects. The AMA shall take place on the 27th of June at 17:00 KST.

Terra Money is one of the biggest and most innovative crypto initiatives worldwide. Anchor Protocol allows Terra stablecoin deposits to earn stable yield…

Bridge Mutual ($BMI) and VENT Finance confirm a partnership for Ventup users to have risk coverage options for their investments.

As an IDO launchpad that offers more than access to capital for game-changing startups, Ventup is built as a community-based Launchpad. This design enables innovative decentralized blockchain projects to access a decentralized source of crowdfunding as well as build a community of believers in the project’s future.

With the inevitable risks, hacks, and exploits in the DeFi space, Bridge Mutual and VENT Finance plan to establish a much safer and transparent ecosystem. …

Bridge Mutual | A decentralized, discretionary coverage platform for Smart Contracts, Stablecoins, Exchanges and More.

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