Market cap
$62.66K
0.58 %
Volume (24h)
$2.89
0.58 %
Circulating supply
160,000,000 BMI
Total supply
160,000,000 BMI
Max. supply
160,000,000 BMI
Bridge Mutual (BMI)
$ 0.00
0.58 %
Main info
News
Comments
Markets
Analytics
Key data
updated $0Market cap$62.66K
Volume 24h$2.89
Circulating supply160M100% of max 160M
All-time high$5.46-100% from peak · 2021-02-03
Bridge Mutual (BMI) is a decentralized insurance protocol that lets users buy coverage against risks like smart contract failures, stablecoin depegs, and exchange hacks. In simple terms, it works like a community-run insurance company: people pool funds together and earn premiums for covering other people's risks. BMI is the native token of the platform, used for governance, staking, and rewarding participants.
Frequently asked questions
What is Bridge Mutual and how is it different from regular insurance?
Bridge Mutual is a decentralized, peer-to-peer insurance platform built on blockchain technology. Unlike traditional insurers with companies and paperwork, coverage here is provided by a global pool of users who lock up funds. There are no middlemen — the process is governed by smart contracts and BMI token holders.
How does the technology behind Bridge Mutual work?
The protocol runs on smart contracts that automatically manage policy purchases, claims, and payouts. Users can take one of two roles: buying coverage as a policyholder or providing capital as a liquidity provider to earn premiums. Claims are reviewed and resolved through a community-driven process rather than a corporate claims department.
How is BMI token emission structured?
BMI has a hard cap of 160,000,000 coins, meaning no more tokens can ever be created beyond that limit. This fixed maximum supply is written into the protocol and cannot be changed. A hard cap is often seen as a way to protect the token from unlimited dilution over time.
How can you store and use BMI tokens?
Since BMI is an ERC-20 token, it can be stored in any wallet that supports Ethereum-based assets, such as MetaMask or hardware wallets. Within the platform, BMI is used for staking, voting on governance decisions, and earning rewards. Before interacting with the platform, always make sure you're using the official Bridge Mutual website.