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Bridge Mutual and Plasma.Finance Partner for Insurance on DeFi

News Source: WiredPRNews.com




Decentralized insurance provider Bridge Mutual has reached an agreement with DeFi aggregator PlasmaPay and Plasma Finance, allowing both projects to work in close collaboration. With this partnership, Plasma Finance users will be able to directly fund or provide liquidity to Bridge Mutual using the Plasma Finance platform and Bridge ecosystem. 


In return, Bridge Mutual has pledged to use some of its own liquidity to jumpstart a PlasmaPay insurance pool and integrate shield mining for PlasmaPay so that users providing coverage to the PlasmaPay pool may earn PPAY tokens as a reward.

News Source: http://www.WiredPRNews.com

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