CSP DAO invests in Bridge Mutual (BMI)
We are proud to announce Bridge Mutual as an addition to our portfolio.
Bridge Mutual is a decentralized, DAO-governed, p2p/p2b discretionary insurance platform that provides coverage for stablecoins ($20b+ TVL), smart contracts ($15b+ TVL), and Exchanges (all of them).
The platform allows users to provide or purchase coverage that protects against smart contract failure, stablecoin crashes, exchange attacks and other products.
Bridge operates autonomously through a set of smart contracts deployed on the Polkadot network, meaning no human intervention or actions are necessary for the platform to function. The platform’s ecosystem is powered by its tokens, “BMI”, which are used to purchase insurance, provide coverage, earn yields, share in profit, vote, and govern the platform.
Staking BMI does 2 things: entitles you to profit sharing whenever coverage is purchased; earns you yields that come…
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