FAQs
1. What is Re Protocol?
The Re Protocol is a decentralized platform that leverages reinsurance contracts to generate yield on staked capital. It allows users to deposit stablecoins such as USDC, DAI, USDe, and sUSDe into Insurance Capital Layers (ICL). These ICLs allocate capital to fully‑collateralized quota‑share reinsurance contracts through licensed insurers. Depending on your strategy, earn stablecoin yield generated from premiums or delta‑neutral market strategies, depending on the selected ICL.
2. What Tokens Can I Deposit?
Ethena tokens: USDe, sUSDe
Traditional stablecoins: USDC, AUSD, and others
Visit the staking section of our app for the most up-to-date accepted assets.
https://app.re.xyz/reusd or https://app.re.xyz/reusde
3. What are reUSDe vs. reUSD?
Accepted Collateral
USDe, sUSDe
USDC, USDe, sUSDe
Strategy
Idle USDe converted to sUSDe, earning Ethena’s yield
Idle assets deployed into delta-neutral ETH basis or short-duration T-bills with a protocol spread
Yield Goal
High underwriting yields (15 %–23 % APY)
Low-volatility yields (6 %–10% APY)
Ideal For
Ethena community wanting high yield via reinsurance
Stablecoin holders seeking steady income without underwriting exposure
4. How Do I Deposit?
Connect your wallet (e.g., MetaMask)
Complete KYC/AML verification
Select your strategy: choose reUSDe or reUSD ICL
Deposit assets and receive corresponding tokens
5. When Will I Earn Yield?
reUSDe (Insurance Alpha): Funds are deployed into reinsurance programs, earning premium-driven yields, typically 15%–23% APY.
reUSD (Basis‑Plus): Assets earn yield immediately via delta-neutral ETH strategy or T-bills plus protocol spread, approximately 6%–9+% APY.
6. How is Risk Managed?
All ICLs participate in fully collateralized quota-share reinsurance notes backed by licensed insurance companies.
On-chain reserves are transparent by default, while off-chain reserve balances are attested daily by The Network Firm and published via Chainlink.
Critical controls (oracle config, redemptions config, access manager, and custodian manager) are operated through MPC multi-signature wallets.
7. Who Is Eligible?
Global access (excluding participants from the U.S. and other restricted jurisdictions)
KYC/AML is mandatory
Restricted countries include (but are not limited to): U.S., Iran, North Korea, Syria, Russia, Belarus, Cuba, and others as listed in our policy.
8. How Do Redemptions Work?
reUSDe: Redemptions are processed in quarterly windows and filled based on available released capital.
reUSD: Redemptions are atomic when instant on-chain liquidity is available; if instant capacity is exhausted, requests move to queue mode until capacity is replenished.
Active redemption capacity and limits are visible in real time at https://app.re.xyz/transparency.
Secondary liquidity pools are available on Curve:
9. What If My KYC Fails?
Funds remain securely in escrow.
Contact our support: [email protected]
We typically respond within 2–3 business days to resolve issues or initiate refunds.
10. How Is Token Price Updated?
At UTC 00:00 daily, the protocol recalculates the Net Asset Value (NAV) of reUSDe and reUSD, reflecting both realized and projected yields.
reUSDe: NAV reflects underwriting yield from reinsurance contracts.
reUSD: Price is updated from the trailing 7-day sUSDe-based reference yield plus the protocol spread.
reUSD daily updates use a guardrail on maximum single-day moves before a new price is accepted.
You can view daily NAV updates and yield breakdowns at re.xyz
Direct Access to Current yield and price :
11. Why can't I see the tokens in my wallet ?
If you cannot see the tokens in your wallet, it means that you need to add the token address.
For reUSD :
Ethereum : 0x5086bf358635B81D8C47C66d1C8b9E567Db70c72
Avalanche : 0x180aF87b47Bf272B2df59dccf2D76a6eaFa625Bf
Arbitrum : 0x76cE01F0Ef25AA66cC5F1E546a005e4A63B25609
BNB Chain: 0xbA9425EC55ee0E72216D18e0ad8BBbA2553bFb60
For reUSDe :
Ethereum : 0xdDC0f880ff6e4e22E4B74632fBb43Ce4DF6cCC5a
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