Bright Union is live on Polygon

and received an innovation grant from Polygon

Bright Union
3 min readOct 7, 2021

Bright Union is thrilled to announce it has integrated with Polygon and that it has received an innovation grant from Polygon. We look forward to jointly securing the Polygon ecosystem!

This integration will make risk management easily accessible and user-friendly for everyone and broaden the market for DeFi coverage, by dramatically lowering the gas fees by up to 95%

About Polygon

Polygon is an Indian blockchain scalability platform for building and connecting Ethereum-compatible blockchain networks. The platform tackles the challenges faced by Ethereum today — such as heavy fees, poor user experience and low transactions per second. It looks to achieve this by providing a simple-to-use framework that allows developers to each launch their own custom Ethereum-compatible blockchain in a single click.

Making Decentralized Coverage more accessible

We are pleased to bring decentralized coverage to a wider audience with this integration. DeFi users are now able to transact on Polygon, making coverage more affordable. InsurAce, one of Bright Union’s partners, is the first to offer multi-chain DeFi coverage options and risk protection for various blockchains. Users can now cover their crypto with the added advantage of drastically reduced gas fees.

Source: https://app.brightunion.io/

Navigate to the Bright Union app and explore the available covers. Purchase hot polygon covers like Anchor, link: https://bit.ly/3uOPTlS, protecting you against smart contract vulnerability with coverage flexibility and annual premiums as low as 2.5%.

We are super thrilled to have integrated with Polygon, and are hungry for more, stay on the look out for more integration announcements.

About Bright Union

Bright Union is the world-leading multi-chain decentralized finance cover marketplace. Our mission is to safeguard your digital assets from the dark forces in crypto (hacks, smart contract failures, and rug pulls) by empowering the crypto community to cover one another in a decentralized and permissionless manner.

Buying DeFi covers has never been this straightforward. Bright Union provides the most comprehensive range of crypto insurance on the market at competitive prices. Furthermore, Bright Union will soon release its unique suite of cutting-edge risk solutions, providing investors with outstanding investment and coverage opportunities. Be bright and take advantage of DeFi’s exponential growth.

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Bright Union

DeFi Insurance marketplace that allows DeFi users to to buy and provide coverage against hacks and protocol failures.