Bright Union x Flagship DeFi partnership announcement
Flagship is integrating the Bright Risk Index to its platform
We are delighted to announce our partnership with Flagship DeFi. The Amsterdam-based project aims to build a simple and easy-to-use platform that allows users to invest in transparent and automated index products of early-stage projects. These index products, or as they call them “baskets” focus on specific domains within the crypto economy.
With a single transaction, anyone can invest into a carefully curated portfolio of promising assets in sectors such as DeFi, the Metaverse or ecosystems built on blockchains like Solana, Avalanche or Stacks.
With the collaboration between Flagship and Bright Union, the Bright Risk index will be integrated to the Flagship platform as one of the first Baskets, giving investors exposure to become a liquidity provider in decentralised Insurance and earn 15–25% APY on a stablecoin investment.
“We’re excited to collaborate with this fast-moving team. I’ve witnessed their progress over the past year and believe we are a great fit. The Bright Union team is solving a big problem in the industry in an elegant way. I’ve been especially impressed with their Bright Risk Index. It is an industry first, massively reduces the complexity of coverage products and is very much in line with what we’re going to offer to our users”. Jorn van Zwanenburg — Founder of Flagship
Index products for emerging sectors
Investment in crypto can be overwhelming, especially when you are looking to invest in early stage projects of emerging sectors. As new projects pop up on a daily basis on different blockchains and unknown exchanges, doing proper research may be perceived as a cumbersome process. With an annual growth of 110% of the crypto economy and global adoption of just 3%, mass adoption still has to arrive. Flagships’ curated indexes present an excellent instrument to tap into web 3.0 opportunities and invest in all corners of the cryptoverse.
We are looking forward to join Flagships’ platform as we applaud their vision to offer indexed investment opportunities in an easy, user-friendly manner helping bring crypto to the masses. We believe that having the BRI on the Flagship platform will greatly boost the awareness for Decentralised Insurance, and the investment opportunities within that space, an ecosystem that is still relatively young, but waiting to explode — Cynthia de Wolf, Marketing Lead at Bright Union.
About Flagship DeFi
Flagship is the first investment network that tracks all corners of the crypto economy. Flagship curates the highest quality information and most exciting opportunities and make them easily investible. Together, we learn, grow and generate wealth.
Discord community: https://discord.gg/CZ7WBGVBn9
Telegram announcement: https://t.me/flagshipdefi
About Bright Union
Bright Union is the world-leading multi-chain decentralized finance cover marketplace. Our mission is to safeguard your digital assets from hacks, smart contract failures, and rug pulls by empowering the crypto community to cover one another in a decentralized and permissionless manner.
Bright Union provides the most comprehensive range of crypto insurance on the market at competitive prices. Furthermore, Bright Union developed the Bright Risk Index, the easiest, safest, and most diversified way to act as an “insurer” in the DeFi cover industry while earning attractive returns. Be bright and take advantage of DeFi’s exponential growth.
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