Equalizer Partners with Bridge Mutual to Protect Flash Loans
Equalizer is thrilled to join hands with Bridge Mutual, a game-changing decentralized risk coverage platform for cryptocurrency, exchanges, and smart contracts.
Built on the Polkadot infrastructure, Bridge Mutual aims to revolutionize the risk coverage industry by bringing more transparency, decentralization, and high transaction speed. The platform is fully decentralized where claims are managed through the three-phase voting system to ensure fair judgement.
Like most decentralized platforms, Bridge Mutual also ensures total anonymity and security of its users by not asking for any sensitive data on the platform. Whenever users buy risk from the platform, it stores the coverage funds in a smart contract, out of reach of any third party.
By joining hands with Bridge Mutual, our users will be able to easily purchase extra coverage for their assets with only a few clicks; this will add an extra security layer for all the unexpected and this feature is fulfilled with the strategy of Equalizer of “Zero Risk”.
This partnership will support the journey of Equalizer to become the trusted and secure platform in the DeFi market, and will “equal” the believers and the agnostics of blockchain technology.
“The crypto industry is now worth more than $2 trillion, and as the industry grows further, we believe we should ensure safety for our users. Our partnership with Bridge Mutual is a step to add more layers of security and assurance to our users” — Iulian Nita, Project Lead of Equalizer
“The way the insurance industry works is very outdated. Most of the time, it’s super slow and unfair. Bridge Mutual aims to revolutionize this for the global users so that they don’t have to worry about any unforeseen mishaps. Our strategic partnership with Equalizer is one step forward in the right direction to make our vision true both for the platform and our global audience.” — Mike Miglio, CEO of Bridge Mutual
About Equalizer
Equalizer is the first dedicated flash loan marketplace built on top of a scalable infrastructure that can handle the rising demand of decentralized lending and borrowing and that can boost the trading volume of any listed asset. It offers top benefits over the popular do-it-all DeFi protocols and sets itself a class apart by offering lower fees, a virtually unlimited choice of token vaults, high liquidity through yield farming, and multi-chain capabilities.
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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.
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