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:

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:

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:

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

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

Re Protocol (Phase 1)