The coin Bright Risk Index (BRI) is part of the BrightUnion ecosystem, which aims to connect decentralized insurance in the blockchain industry. The platform offers various services, including the ability to buy insurance, provide liquidity, and integrate insurance products into other applications and wallets. With a focus on individual protection and collective growth, BrightUnion aims to address the risks associated with decentralized finance (DeFi) and provide coverage against hacks, smart contract failures, and other liabilities in the crypto community.
BrightUnion aims to be a comprehensive aggregator and integrator in the web3.0 insurance industry, connecting 95% of the decentralized insurance market for DeFi. Token holders have the opportunity to stake their $BRIGHT tokens and receive up to a 20% discount on insurance premiums. The platform also offers stable yields ranging from 15-25% APY on stablecoin investments. With a diversified portfolio across over 150 insurance protocols and pools, BrightUnion provides a way to manage a multi-chain insurance portfolio and offer various insurance products to investors and users.
BrightUnion’s vision is to enable mass adoption of decentralized insurance and address the growing need for crypto risk coverage in the DeFi space. By investing in and becoming a Bright Token holder, individuals can participate in the collective growth of connected decentralized insurance. The platform aims to provide an extra layer of trust for investors and users by offering insurance products anywhere with just three lines of code for integration. With the goal of mitigating the risks in the crypto community, BrightUnion invites users to be part of its union and take part in the growth of decentralized crypto coverage.