Learnings from the Luna / UST aftermath

A short recap on Luna & UST

Anchor’s Unsustainable Yield

Murphy’s law in action

A paradigm shift towards risk mitigation

Fundamentals over shortcuts

“Reliable token pegging in the extremely volatile world of crypto requires much more conservative collateralization, than was done in the case of UST — Kiril Ivanov, Tech Lead Bright Union.”

DeFi will come out better and more resilient

About Bright Union

Join the Union



Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Bright Union

Bright Union


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