What Is Bright Union (BRIGHT) Coin?
Bright Union is a crypto coverage (“insurance”) aggregation platform that allows user to easily protect their capital from hacks, smart contract fails, and rug pulls. Bright Union as aggregator facilitates three key actions:
- Compare, buy and manage crypto coverages on different platforms from a single interface
- Provide coverage by staking stable coins or matured currencies on different platforms from a single interface
- Stake at Bright Union and become part of the DAO (the Union)
Bright Union Coin does not stop at being an Aggregator, they are also an DeFi coverage accelerator. “They make risk markets work” through the innovative Bright Treasury . In short: the Bright Treasury will take positions in the crypto risk markets, and will provide superior investment opportunities for crypto users.
Important Points Table Of Bright Union
| Basic | Points |
|---|---|
| Coin Name | Bright Union |
| Short Name | BRIGHT |
| Max Supply | 110,000,000 |
| Explorer | Click Here To View |
| Chat | Click Here To Chat |
| Website | Click Here To Visit |
How to Buy the Bright Union Coin & Trade On Exchange?
Price
The live Bright Union price today is $0.640184 USD with a 24-hour trading volume of $740,780 USD. Bright Union is up 49.70% in the last 24 hours. The current CoinMarketCap ranking is #2932, with a live market cap of not available. The circulating supply is not available and a max. supply of 110,000,000 BRIGHT coins.
BRIGHT TREASURY
Trust is the foundation to make decentralized risk markets work, which transpires into the treasury, fully managed by the DAO members. Enjoy the benefits of acceleration. Coming soon Bright Union index trackers with maximum return at minimum risk and Bright Union secondary markets for crypto coverages.
Make Risk Market Work
Buy Cover
Cover your capital. All the convenience and no more hassle. Seamlessly find and buy the best cover at the best price.
Provide Cover
Earn for holding. Stake simple and effortlessly. Find, stake and earn the best yield in the crypto risk markets.
Bright Strike
Earn for creating a brighter future. Stake smart and secure. Earn guaranteed yield with embedded coverage.
Join The Union
Take part in the growth of decentralized crypto coverage. Use unique aspects of various risk platforms in one single place. Get the best of both worlds: they blend the well functioning principles of traditional insurance into the decentralized risk sector.
Cover Cap
No more sleepless nights. Carefully select and buy crypto covers from a variety of risk platforms. All the convenience and no more hassle. Enjoy the abundance of options and liquidity from our aggregator. It’s time to cover your capital. Read in this article on medium why crypto investors could use extra protection.
Cover
Seamlessly find and buy the best cover at the best price. Directly access multiple risk covers through the consolidated aggregator platform. Compare covers of different risk markets and premiums of similar covers.
Provide Cover
It’s time to earn for covering the community. They help you navigate the abundance of options to find the perfect fit. Stake and manage your portfolio from one single place. simple and fast; it’s that easy.
Governance & utility
The Bright Union protocol follows the common practice of Decentralized Autonomous Organizations (DAO). Owners of the BRIGHT token can vote on various topics: e.g. Governance topics (e.g. operational cost for platform development), allocation of reserves from the treasury towards the treasury and parameters for the Risk indexes & liquidity products. As explained in the product offering section, the BRIGHT token also offers premium services to members of the DAO. Token holders will get priority access to products.
Token Model: Supply & Demand
Any successful DeFi (Decentralized Finance) token needs a healthy balance between supply and demand. For the BRIGHT token part of the demand will come from the utility described in the previous section. Nevertheless, users providing risk products and investing in trackers will be looking for a return which is independent of the volatility of the price of the BRIGHT token. Therefore, it is expected that they prefer to invest using stablecoins (e.g. DAI)
and/or more mature currencies (e.g. ETH). The proceeds in these currencies will be used for an automatic buy-back strategy which will create additional demand for the BRIGHT token.