Bridge Mutual Partners with QuickSwap
Bridge Mutual Partners with QuickSwap to Protect Assets
Bridge Mutual partners with Quickswap, a layer 2 decentralized exchange and automated market maker (AMM) built on the Polygon network. The collaboration allows Quickswap users to purchase insurance against future smart contract hacks, bugs or exploits.
Bridge Mutual’s partnership with Quickswap will offer polygon users protection against potential hacks and exploits. The DeFi market has become an attractive target for hackers interested in stealing assets and investments. The number of hacks and exploits surged to over $2.1 billion in 2022, and shows no sign of slowing down.
Bridge and Quickswap share a collective mission to accelerate the growth of a secure, safe, and productive decentralized finance ecosystem. With this partnership, Bridge intends to establish a less speculative environment on the new upcoming Quickswap V3 platform, so that users can use it without worrying about external threats.
About QuickSwap
QuickSwap is a permissionless decentralized exchange, powered by Polygon’s Layer 2 scalability infrastructure. Incorporating a community-focused governance structure and a fair token distribution model, QuickSwap is empowering traders while removing the costly barriers to entry to DEXs for the general crypto user.
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, share profit, & get compensate for adjudicating claims.
