About Bridge Mutual

Bridge Mutual is a decentralized, permissionless risk coverage platform operated by a DAO, offering protection for stablecoins, exchanges, smart contracts, and other services. Users can buy coverage, provide coverage for rewards, vote on claims, and earn rewards for participating in the ecosystem. Bridge Mutual stands out due to its lack of KYC requirements, making it accessible globally. The platform uses a multi-token system including BMI (the utility token), stkBMI, vBMI, and bmiDAIx. Staking BMI earns users stkBMI, representing their participation. Bridge Mutual provides blockchain-based insurance without geographical restrictions, allowing users to buy/sell coverage, submit claims, and receive payouts. It offers coverage for smart contracts, exchanges, and stablecoins, including prote...