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ease
features
design
support

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Description

Safeguard your cryptocurrency holdings while simultaneously generating profits through a liquidity coverage exchange. This innovative application operates on a decentralized and discretionary basis, empowering users to mutually insure against various risks. With its blockchain foundation, the code remains transparent and verifiable. Both the evaluation of claims and the management of funds occur on-chain, making them accessible for public audit. A rigorous two-phase voting system is implemented for all claims, supplemented by a system of incentives and penalties to ensure a meticulous review process. Bridge aims to transform the insurance landscape, which has often been criticized for its lack of transparency and fairness amidst a litigious environment. In contrast to conventional insurance companies, Bridge operates more efficiently without the need for physical offices, specialized claims personnel, or agents. The future roadmap for Bridge Mutual includes exciting developments such as cross-chain capabilities, oracle and NFT coverage, and a shift towards a decentralized autonomous organization (DAO), promising a dynamic evolution in the insurance sector. As Bridge continues to innovate, it sets a new standard for trust and efficiency in the insurance industry.

Description

Shield Finance operates as a decentralized finance insurance aggregator across multiple blockchain networks, enabling users to secure protection against significant market downturns caused by unforeseen events such as hacks, exploits, rug pulls, and sell-offs. The platform employs a unique aggregation engine to create tailored insurance solutions that cater to individual investor requirements. A key aspect of the $SHLD token is its buy and burn mechanism, where 50% of the generated fees are utilized to purchase the token on the open market and subsequently destroy it, effectively reducing its available supply. This strategy not only enhances the token's scarcity but also aims to boost its value over time. Additionally, to incentivize long-term investment, holders of the $SHLD token can earn a stable annual percentage yield (APY) of 30%, which is designed to encourage retention while balancing the token's emission schedule. Future plans include integrating with insurance providers on Polkadot, establishing collaborations with decentralized exchanges, and enhancing user interface features to improve overall user experience. As Shield Finance continues to evolve, its commitment to providing innovative financial protection remains steadfast.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Ethereum
BNB Smart Chain (BSC)
MetaMask
Polkadot
Solana
Telegram
Uniswap
WalletConnect

Integrations

Ethereum
BNB Smart Chain (BSC)
MetaMask
Polkadot
Solana
Telegram
Uniswap
WalletConnect

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Bridge Mutual

Country

Panama

Website

www.bridgemutual.io

Vendor Details

Company Name

Shield Finance

Founded

2021

Website

shieldfinance.io

Alternatives

Alternatives

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