Bridge Mutual: Guide
Dear Linear Community,
We recently announced our strategic partnership with decentralized risk coverage platform Bridge Mutual. This means that Linear Finance users can receive and provide coverage for their activity on any of our dApps against future smart contract hacks, bugs or exploits.
If you are interested in either purchasing or adding liquidity to Linear’s coverage pool on Bridge Mutual but are unsure on how to do so, please follow the step-by-step instructions below:
Step 1: Head over to https://bridgemutual.io/, click on Launch V2 App and connect your wallet to BNB Chain.
Step 2: Go to Provide Coverage from the left-hand side menu and then type Linear in the search bar and Select.
Step 3: Choose how much liquidity you want to add and what percentage of that deposit you want to stake to earn both fees in USDT and BMI rewards.
*Please note that to unstake and leave the pool, there is an 8-day waiting period to allow pending claims to fully resolve.
Step 4: Once you have confirmed your deposit and stake amounts, tick the terms and conditions, and click Approve & Stake USDT.
Step 1: Head over to https://bridgemutual.io/, click on Launch V2 App and connect your wallet to BNB Chain (same as Provide Coverage Step 1).
Step 2: Go to Buy Policy from the left-hand side menu and then type Linear in the search bar and Select.
Step 3: Fill in i) the number of weeks you want to be covered and, ii) the amount in USDT that you want to be confirmed for.
Step 4: Once you have confirmed your cover period and amount, tick the terms and conditions and click Approve and pay USDT.
We hope you found this guide useful. If you want to find out more about Bridge Mutual please check out their Gitbook here.
Should you require any further assistance, please reach out to our admins on Discord, and they will gladly answer any questions you may have.
Linear Finance Team
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, and get compensated for adjudicating claims.
About Linear Finance
Linear Finance is a cross-chain compatible, decentralized delta-one asset protocol that allows users to get synthetic exposure to various assets, including cryptocurrency, commodities, and market indices. Users can utilize our cross-chain swap functionality to instantly swap assets across leading blockchain environments and DeFi protocols with unlimited liquidity and zero slippage.