LK
Lucas Kobus is the Pool Master of Brightpool DEX, a decentralized exchange platform.
He discusses the exchange's features including futures and limit orders, staking and yield farming opportunities, and stablecoin rewards.
1Interview
2022First on the show
Aug 2022Latest appearance
22 minOn camera
21:52
Latest interview · Aug 17, 2022Lucas Kobus on futures and limit orders at Brightpool DEXWatch the episode →
Key points
- Brightpool DEX uses future orders with settlement periods of 1-28 days instead of traditional limit orders, rewarding users with BRI tokens upfront for locking assets.
- Revenue from unsettled orders funds the protocol's liquidity and is shared with BRI token holders through staking rewards in stablecoins and other cryptocurrencies.
- The platform launches on Polygon due to low gas fees, with Layer Zero integration enabling token deployment across six blockchains including Avalanche and Ethereum.
- Smart contracts have been audited by Certik with corrections implemented, targeting mainnet launch in Q4 with a proof of concept currently in testing phase.
- Brightpool differentiates from Uniswap by offering limit orders and futures functionality rather than only spot trades, addressing trader needs beyond basic swaps.
In their own words
“We're creating the easiest options platform in the world.”
“In my opinion that model is totally outdated.”
