This collaboration shields users against abuse and stops them from losing money by paying for any potential damages from their liquidity queues.

TIDAL is a decentralized discretionary mutual cover protocol that offers the DeFi community the ability to hedge against the failure of any DeFi protocol or asset.

Users may set up mutual cover pools where they can act as Reserve Providers (RPs) and stake their holdings to provide reserve capital to any pool in exchange for rewards such as stable coin premiums or the $TIDAL token.

Crosschain bridge and hybrid smart router integration are now possible with Tidal Finance thanks to any-to-any OpenSwap swaps. Liquidity for $TIDAL will be available across all of their supported chains.

 $TIDAL’s OpenSwap ANY-to-ANY Crosschain Bridge will improve user adoption and demand. OpenSwap Bridge will let Tidal Finance insure more DApps, which will benefit the larger DeFi business.

More information about our Bridge Founder Program can be found here.

About Tidal Finance

Tidal Finance is the first flexible DeFi insurance platform and marketplace, offering the highest APYs and gas-free transactions. The flexible insurance concept enables corporations to alter rates weekly depending on TVL fluctuations (Total Value Locked).

Website | Twitter 

About OpenSwap

OpenSwap, the world’s first DEX, enables ANY-to-ANY single asset cross-chain bridges, on-chain swaps with 0% slippage, and hybrid smart routing.

Website | Twitter 

SOURCE:

https://openswapdex.medium.com/openswap-bridge-founder-7-tidal-finance-tidal-657ca03f847c

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