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OXY Price: $0.00

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Popularity

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Volume (7D)

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Additional details

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Tags

Network & Addresses

Network
Address

Ethereum

0x869b1F57380aE501d387b19262EFD3C0Eb7501b0

Price history

Time
Price
Change
Today
$0.00
NaN%
1 Day
$0.00
0.00%
1 Week
$0.00
0.00%
1 Month
$0.00
0.00%
1 Year
$0.00
0.00%

FAQ

Bridge Mutual or BMI is a decentralized finance platform (DeFi). The DAO-managed discretionary risk coverage platform is based on the Ethereum network. Bridge Mutual is a permissionless as well as a decentralized risk coverage platform. Therefore, it provides risk/insurance coverage for stablecoins, smart contracts, and other services. Moreover, the platform allows users to purchase risk coverage for the funds, vote on policy claims, receive compensation, etc.

Bridge seeks to provide coverage of three types: smart contract coverage, stablecoin coverage, and exchange coverage. Users from stablecoin coverage get protected from price crashes. The platform also plans to introduce more traditional coverage in the blockchain network. The Bridge Mutual platform also functions on multi-chains, and hence exchange through its multi-chain strategy is made easy.

The whitepaper states there have been many attacks in crypto assets that brought a demand for risk-mitigating solutions. Projects generally reduce the risks from bugs, hacks, or exploits by hiring third-party smart contract auditors. In order to solve this, the platform provides smart contract coverage policies for the assets. Moreover, Bridge Mutual also enables its users to create and provide liquidity for a smart exchange contract in exchange for yield3. Furthermore, the platform plans to start a dApp and a mobile version to offer users rewards.

Users need to purchase the BMI token and stake in Bridge coverage pools to participate in the platform. The token can be used to vote and improve the platform and help in remaining secure, transparent, and competitive. Users in the platform may earn BMI tokens by providing coverage in the stablecoins, staking the current BMI token, voting on the coverage claims, and providing liquidity in Uniswap. Users may also receive multi-token rewards and branding benefits on the platform.

Mike Miglio is the cofounder, CEO, and helm of the project. Mike is responsible for all the financial decisions on the platform and token.

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Social stats

Popularity in posts

#646

Contributors

220

Posts

301

% About Oxycoin

0.038%

Articles

0

X (Twitter)

19.87% bullish

Sentiment

3.6 ★

Highlights

220 unique individuals are talking about Oxycoin and it is ranked #646 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Oxycoin has an average sentiment score of 3.6 out of 5. Finally, Oxycoin is becoming less newsworthy, with 0 news articles published about Oxycoin.

On Twitter, people are mostly neutral about Oxycoin. There were 22.35% of tweets with bullish sentiment compared to 12.5% of tweets with a bearish sentiment about Oxycoin. 77.65% of tweets were neutral about Oxycoin. These sentiments are based on 297 tweets.

On Reddit, Oxycoin was mentioned in 1 Reddit posts and there were 72 comments about Oxycoin. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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