Re Protocol (Phase 1)

About Project - https://link.re.xyz/restake

Founder/Team - 

Karn Saroya - CEO of Re Labs - @karnsaroya

Cliff White - VP of Engineering - @thecliffwhite

Ben Aneesh - Engineering - @benaneesh

Anand Dhillon Engineering - @AnandDhillon

Natalie Gray - Design & Marketing - @natalieevagray

Jonathan Lim - Head of Underwriting - @ContraryActuary

About the project 

• Re is a real-world restaking platform that leverages reinsurance contracts to generate real yield on staked capital.
• Earn up to 23% APR by backing insurance premiums with USDC, USDT, DAI, USDe, or sUSDe athttps://link.re.xyz/restake
• Re has $168M in written premiums to date, and backs 26 insurance programs in the US
• Re focusing on low-volatility insurance sectors like homeowners, trucking, aviation, and workers' compensation
• Re has recently launched two pools on Pendle
• Deposit ReUSD: https://link.re.xyz/pendle-reusd
• Deposit ReUSDe: https://link.re.xyz/pendle-reusde
• How does the Re protocol work?
• users can deposit stablecoins—such as USDC, USDT, DAI, USDe, and sUSDe—into Risk Pools.
• These funds are then deployed into a diversified portfolio of reinsurance contracts managed by qualified Cell Managers.
• In return, users earn a yield that is uncorrelated with typical market volatility.
• To manage risk, collateral is held in Trust Accounts to cover any claims and protect token holders if investments underperform.

Funding Information. 

Backers: $7M from Electric Capital, $14M from Framework and Tribe Capital

Additional Backers: Defy, SiriusPoint

Nature of Content to Craft

General Product breakdown

Key Narratives - Click here
- Safe, low volatility, stable returns from real yield from 

- The next Berkshire Hathaway onchain

CTA to Focus on

Deposit stablecoins (USDC, USDT, DAI, USDe, & sUSDe) to earn real yield from insurance premiums athttps://link.re.xyz/restake

Resources
Information about Re:

• Website: https://link.re.xyz/restake
• Twitter: @re
• Docs: https://link.re.xyz/docs
• Brand Kit 

Supporting Tweets:

• $168M written premiums to date: https://x.com/re/status/1939723459191509331
• Pendle pools integration: https://x.com/re/status/1938333952743518273
• Ethena Partnership: https://x.com/re/status/1911789420577231216
  
  

Docs:

• https://link.re.xyz/docs

Past Articles:

• https://www.coindesk.com/business/2024/05/14/rwa-platform-re-debuts-tokenized-reinsurance-fund-on-avalanche-with-15m-commitment-from-nexus-mutual
• https://thedefiant.io/news/defi/ethena-re-partnership-reinsurance-market
• https://www.forbes.com/digital-assets/assets/re-protocol-reusde-reusde/#:~:text=About%20Re%20Protocol%20reUSDe&text=Built%20on%20blockchain%20technology%2C%20Re,opacity%20and%20reliance%20on%20intermediaries.

Threads you can take inspiration from 

These were some of Re teams favorite threads from previous Scribble DAO competitions in terms of quality:

https://x.com/chainstellar/status/1931430685731926190

https://x.com/BigDoctoronX/status/1930610617397682302

These were some of the Re teams favorites from previous Scribble DAO competitions in terms of length: 

https://x.com/anarcaze/status/1931366816787698052

https://x.com/0xSerBito/status/1919456642329927794

Things to not cover or not to do while crafting

• Re is not high volatility, high risk. 
• Re’s portfolio does not include catastrophic risk.

Parameter to be eligible for considering for winning - 

Your entry must meet the following criteria:

1. Create a short walkthrough, either in video or written(with SS) format.
2. Keep your thread concise, maximum of 15 tweets.
3. Tag@re, add #WWF, and@scribble_dao in your post.

1. Include the following link in the thread:https://link.re.xyz/restake
   
   

• Bonus: Restake a small amount of stablecoins on Re, not mandatory, but earns you bonus points if you do.

Deadline/Timelines

14th July to 25th July - 11:59 PM IST

Reward -

🥇 Gold: 150 × 3 = $450

🥈 Silver: 100 × 8 = $800

🥉 Bronze: 50 × 15 = $750