Bridge Mutual BMI
1. Summary
- Price
-
$0.003522520000 -31.7%
- Market Cap
- $227,820.00 (#5215)
- Supply
- 64.70M / 160.00M
- Description
-
Bridge Mutual is a decentralized, discretionary p2p/p2b insurance platform that provides coverage for stablecoins, centralized exchanges, and smart contracts. Its platform allows users to provide insurance coverage, decide on insurance payouts, and get compensated for taking part in the ecosystem. The platform includes features such as:
Bridge Mutual is a decentralized, discretionary p2p/p2b insurance platform that provides coverage for stablecoins, centralized exchanges, and smart contracts. Its platform allows users to provide insurance coverage, decide on insurance payouts, and get compensated for taking part in the ecosystem. The platform includes features such as:
Leveraged Portfolio
A specially dedicated pool where users can deposit their funds for leveraging and get exposed to a high-reward / high-risk pool. This leveraged portfolio acts as a leveraged coverage provider and offers a much higher APY than regular coverage provision. Users participating in leveraged portfolios get rewards in stablecoins, BMI tokens, and Shield mining tokens.
Reinsurance Pool
Bridge Mutual's Reinsurance Pool (RP) incorporates protocol-owned funds. The interest is earned from three factors: DeFi Yield Generator, Protocol Fee, and Reward Pool. The reinsurance pool acts as an internal coverage provider, which may significantly de-risk the protocol at no additional expense for regular Coverage Providers.
Capital Pool
The BMI-platform-owned pool that manages and distributes funds both internally and externally. It is responsible for coverage liquidity withdrawals, policy payouts, as well as for investing in 3rd party DeFi protocols to generate protocol-owned yield. Its “liquidity cushion” is rebalanced daily to always guarantee continuous operations and payouts.
Bridge Mutual aims to revolutionize traditional insurance by providing a decentralized, transparent, and efficient platform for users to manage risk and earn rewards. The platform allows users to participate in various capacities, including providing coverage, purchasing policies, and taking part in decision-making processes. BMI tokens can be used to vote and improve Bridge Mutual to maintain security, competitiveness, and transparency.
| Price | |
| 52W High price | $0.009018457200 |
| 52W High date | 6th Apr 2024 (7 months ago) |
| All Time High (ATH) Date | 3rd Feb 2021 (3 years ago) |
| ATH Price | $5.46 |
| % From ATH | -99.91% |
| All Time Low (ATL) Date | 22nd Oct 2024 (4 weeks ago) |
| ATL Price | $0.000310820000 |
| % From ATL | 1554.46% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $165.00 |
| Total Supply | 160.00M |
| Max Supply | 160.00M |
| Circulating Supply | 64.70M |
BMI
How does Bridge Mutual's (BMI) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
8.1%
BMI
-3.1%
Similar Market Cap
60 Day Return
37.2%
BMI
-4.5%
Similar Market Cap
1 Year Return
25.5%
BMI
0.1%
Similar Market Cap
We're monitoring 5 Bridge Mutual GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.
Weekly Commits (All Bridge Mutual Repos)
Commits vs. The Market
- Past 4 weeks: 0 commits vs. an average of 1
- Past 12 weeks: 0 commits vs. an average of 8
- Past year: 0 commits vs. an average of 113
Most Active Repos
| Past week | 0 |
|---|---|
| Past 12 weeks | 17 |
| Past year | 17 |
| Past week | 2 |
|---|---|
| Past 12 weeks | 4 |
| Past year | 4 |
| Past week | 0 |
|---|---|
| Past 12 weeks | 0 |
| Past year | 1 |
| Past week | |
|---|---|
| Past 12 weeks | |
| Past year |
| Past week | |
|---|---|
| Past 12 weeks | |
| Past year |
Top Developers 2024
In total, 71 developers have contributed to Bridge Mutual over the past year. Who are the most active Bridge Mutual developers, by commits, over the past year?
Related Projects
Developers working on Bridge Mutual also worked on these projects.
Tip: Toggle each network by clicking the name above
Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | 0 |
|---|---|
| Active Reddit Users (past 24h) | 0 |
| Discord users | 793 |
| Active Discord Users | 102 |
| Telegram Users | 1,268 |
| Twitter followers | 12 |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://bridgemutual.io |
|---|---|
| Explorer | https://etherscan.io/token/0x725c263e32c72ddc3a19b... |
| @Bridge_Mutual |
What is the correct contract address for Bridge Mutual?
| Ethereum | 0x725c263e32c72ddc3a19bea12c5a0479a81ee688 |
|---|
Has Bridge Mutual been audited for security?
No security audits found for this project.
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