Bright Union(BRIGHT) Bright Risk Index Release

Bright Union has been working hard behind the scenes to bring forward the most innovative investment opportunity the DeFi insurance space has seen. Bright Risk Index (BRI) is Release on Wednesday the 9th of February, which finally makes coverage providing a highly attractive investment opportunity for anyone.

Coverage is getting increasingly popular as certain products are often sold out. The BRI serves as a much needed solution to frequent lack of coverage supply. Now anyone can replace the insurer by joining this carefully curated risk pool. Providing coverage has never been so simple, you can minimize your risk exposure while earning high APY’s for covering the community.

The benefits of providing coverage and replacing the "insurer"

Investing in the Bright Risk Index enhances convenience and expected returns, making providing coverage with stablecoins a great alternative to popular savings protocols like Anchor at the least and perhaps even more attractive. Benefits of acquiring BRI tokens include:

• Higher yield
• Diversification across risk platforms and protocols — A guiding principle is that the value at risk is below 12% for any claim. The assets will be spread across +30 risk pools of multiple insurance platforms in order to achieve this.
• Automatic reinvesting and compounding rewards maximize the return for BRI holders.
• Curated and optimized strategy by the Bright team Bright Union will assess the quality of the insured protocol’s (code quality, extent of decentralization, and past claims) and update the strategy accordingly.
• Return — Often, the return that can be earned is driven by those risk pools that are sold most. Capital will be allocated to pools where capacity is wanted.
• Stablecoin preference — Whenever possible, the investment in risk pools will be made in stablecoins not to expose our investors to unnecessary FX risk.
• BRI reward booster. Stake Bright Token and profit from a reward booster ranging from an additional 2% — 15% on top of the BRI return.