Olive Protocol has collaborated with Bridge Mutual to secure the digital holdings of its clients. Together, they will create a multi-chain system that will be largely recognized for integrating DeFi’s basic composability with financial products to increase returns without disclosing users’ assets to primary or credit concerns. Bridge Mutual would be offering insurance to Olive, and this coverage will be provided by Bridge Mutual.
Olive Protocol’s User-Friendly Design Revolutionizes the World of Structured Products
Olive Protocol’s elegance comes from its ease of use. Olive’s vault architecture eliminates the need for users to understand the nuanced workings of structured products like financing, pricing, rollover, and juggling price levels. Olive’s auto-compounding layers handle the rest; users just need to submit funds in their preferred strategy. Olive currently offers one of the most comprehensive collections of structured and options products, including, covered call, principal protection notes, cash-covered put, and fixed coupon notes.
Bridge Mutual’s relationship with Olive Protocol gives DeFi consumers security against the rising number of attacks and vulnerabilities targeting the market. In 2022, the sum of money taken by such assaults reached more than 3 billion dollars and the tendency continues to climb. Bridge Mutual is giving additional safety measures, insurance coverage and protection alternatives to Olive. The efforts implemented will permit Olive customers to have confidence in adopting the protocols within the DeFi marketplace.
Bridge Mutual and Olive Protocol Partnership Aims to Boost DeFi Adoption and Enhance User Security
Bridge Mutual is already working tirelessly since its establishment. The firm wants to continue growing its alliances and upgrading its items in order to assist decrease risks for clients. Overall, the relationship combining Olive and Bridge Mutual is a win-win towards both systems and the users.
They anticipate that by working together, they will foster a less speculative atmosphere, enhance user privacy and security, and accelerate the development and widespread usage of DeFi.