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 technologies, which is why we are starting on Polygon.
In addition to the test net launch, Bridge Mutual is launching a bug bounty program on Immunefi. Immunefi has a strong reputation of expert program management, and there community of talented hackers and developers is second to none.
Bridge Mutual is providing more than $2,000,000 USD in rewards for the community to aid in security testing and improvement of their platform. This bug bounty will be perpetual. Rewards will increase over time over the long-term.
MESSAGE FROM THE TEAM:
This would not be possible without our dedicated and supportive community. We appreciate your patience and involvement in our development, and we look forward to the many years ahead.
Immunefi is the premier bug bounty platform for smart contracts and DeFi projects. With expert program management and triaging, Immunefi takes the effort out of bug bounties for requesting projects. Immunefi is an expert security resource covering $25 billion in user funds.
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.