Bridge Mutual ($BMI) is launching a partnership with 88mph, a lending crypto platform advancing assets at a fixed interest rate with infinite liquidity. Additionally, by staking MPH, users can claim their share of rewards from the 88mph rewards pool where the protocol fee and yield-farming rewards are collected.
88mph is taking part in Bridge Mutual’s Liquidity Mining Event in June. This partnership will ensure that 88mph’s coverage pool shall be among the first batch of coverage pools. 88mph will also provide initial liquidity for the pool, which will enable 88mph users to purchase coverage from day one to feel safer and more confident about their yield strategies. Building on this synergetic connection, Bridge Mutual will utilize the 88mph to generate yield for it’s coverage providers once the DAO is in place.
Bridge Mutual plans to connect 88mph users to its risk coverage platform to provide a safeguarding option to receive an extra layer of trust and protection for their assets and activities. With Bridge Mutual’s discretionary and decentralized risk coverage application, users will feel more poised with their crypto ventures.
“We’ve extensively tested every on-chain insurance solution and the upcoming Bridge Mutual is by far the most promising decentralized risk management solution.”
— McFly, Co-Founder of 88mph
Bridge Mutual is excited to work with quality projects like 88mph that have attracted DeFi users from all over the space. Our technology is an excellent use case for providing coverage to their users. 88mph has a really impressive total value locked, and we are excited to see how this partnership will grow.”
— Mike Miglio, CEO of Bridge Mutual
Bridge Mutual and 88mph will also lead a community call where both projects will discuss risk coverages, interest-bearing spaceships, and the latest news about 88mph.
Join the call: Discord Convention Center
May 27, 1pm ET, 2021 discord.gg/rq4bZPy7KS
Bridge Mutual’s token can be found on Bitfinex, Uniswap, Gate.io, Bilaxy, and more exchanges soon. For a detailed walk-through of Bridge Mutual’s innovative platform, visit Bridge Mutual’s Youtube channel.
88mph is a lending crypto platform advancing assets at a fixed interest rate with infinite liquidity. By staking your MPH, you can claim your share of rewards from the 88mph rewards pool where the protocol fee and yield-farming rewards are collected. MPH holders have the power to shape the future of the protocol.
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.