AllianceBlock Partners With Bridge Mutual To Launch Their Second Mutual Liquidity Pool (MLP) On POP
AllianceBlock and Bridge Mutual to launch their second Mutual Liquidity Pool (MLP) on POP!
Through this partnership, Bridge Mutual and AllianceBlock will provide traditional investors with a compliant bridge to DeFi protected by decentralized coverage.
AllianceBlock will integrate Bridge Mutual into its P2P lending, investment and NFT platform, allowing Bridge Mutual to provide coverage to lenders and investors. Bridge Mutual will also work to monetize its platform through the AllianceBlock Data Tunnel. Additionally, Bridge Mutual will join AllianceBlock’s pioneering multi-pair liquidity mining platform to offer BMI token holders instant liquidity via staking, with high APY rewards for a range of pairs.
About POP
POP! is a platform that allows 2 projects to objectively display mutual trust and commitment to each other, by locking their respective tokens together and creating a trustless Mutual Liquidity Pool (MLP). In addition, it grants POP! users the opportunity to provide single-sided liquidity, in the form of their favourite token, by matching them with another POP! user and adding their joint liquidity into the MLP.
About AllianceBlock
The AllianceBlock Protocol is a decentralized, blockchain-agnostic layer 2 that bridges traditional and decentralized finance and automates the process of converting any digital or crypto asset into a bankable product.
About Bridge Mutual
Bridge Mutual is a decentralized, 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. Bridge Mutual’s token, $BMI, witnessed an explosive TGE on January 30, 2021 and aims to take and hold the throne of risk coverage platforms on the market.
