Bridge Mutual To Provide Discretionary Coverage To DeFi Investors Directly Through YOP Mobile App

Decentralized, p2p/p2b discretionary risk coverage platform Bridge Mutual has announced its partnership with decentralized finance (DeFi) technology platform YOP.

Bridge Mutual 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. Bridge Mutual’s token, $BMI, aims to take and hold the throne of risk coverage platforms on the market.

YOP is a yield optimization platform & protocol for DeFi. The company provides token custody, market insights, and custom parameters all in one single app, bringing DeFi to the masses through a leading platform and protocol.

Through this partnership, Bridge Mutual will provide users of YOP’s mobile application the ability to easily purchase discretionary coverage for their investments directly through the app.

“We’re excited to partner with innovative protocols such as YOP, which enable investors to effectively manage their assets and achieve maximum yields,” said Mike Miglio, CEO of Bridge Mutual. “By integrating Bridge Mutual into their platform, YOP users can now obtain discretionary coverage to ensure that their staked assets are protected from loss.”

“Bridge Mutual is well positioned to become a significant decentralised cover provider. We are pleased to integrate this innovative protocol and improve our customer’s experience in the YOP platform,” said Atif Yaqub, Founder of YOP. “We are also excited to explore opportunities to extend our yield optimisation protocol to support Bridge Mutual pools. We believe this will be a fruitful partnership further stemming from the Polkstarter family of projects.”