Bridge Mutual is proud to announce a mutually beneficial partnership with Ferrum Network! Through this partnership, Bridge Mutual will provide smart contract coverage to Ferrum Network and the users and projects that use Ferrum Network’s contracts to stake tokens. In return, Ferrum will be providing Bridge Mutual with staking pools for its users.
Staking will be available on February 10th. We’ll make a second announcement with the link to staking on that date.
Last year, an estimated $200 million USD in digital assets were lost in attacks on major digital asset services. Bridge Mutual mitigates the risk of loss of funds resulting from hacked or exploited smart contracts, exchange hacks or theft, price crashes in stablecoins, and other digital asset vulnerabilities by creating a platform that allows users to provide and purchase discretionary coverage.
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About Ferrum Network
Ferrum Network is building a DeFi ecosystem that interoperates across chains and removes barriers to mass adoption with user-friendly products for swapping, staking, and transferring cryptocurrencies. Its cross-chain DAG will enable the transfer of any digital asset in milliseconds for near-zero network fees, unlocking tremendous value for the entire industry. Ferrum’s non-custodial UniFyre Wallet has already revolutionized the way people send crypto with its “Link Drop” technology, and is transforming the OTC market with risk-free OTC swaps embedded in a shareable link. Ferrum’s Staking-as-a-Service is now used by dozens of projects, and our Token Bridge is the fastest, and most secure means of moving assets between Ethereum and Binance Chain. Look for Ferrum to launch more transformative DeFi technology throughout 2020 and beyond
About Bridge Mutual
Bridge Mutual is a decentralized, p2p/p2b discretionary risk coverage platform that provides coverage for stablecoins, centralized exchanges, and smart contracts. Its platform allows users to provide coverage, decide on policy payouts, as well as share profit and get compensated for adjudicating claims. Bridge Mutual’s token, $BMI, witnessed an explosive TGE on January 30, 2021 and aims to take and hold the throne of risk coverage platforms on the market.
Learn more about Bridge Mutual at: