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 restaking platform that leverages reinsurance contracts to generate yield on staked capital.
Earn up to 16% APR by backing insurance premiums from the $1T reinsurance market.
Re has $168M in written premiums to date, and backs 26 insurance programs in the US
Re offers access to low volatility and reliable growth through a diversified portfolio with a focus on homeowners insurance, auto insurance, small business commercial, trucking, aviation, and workers compensation.
The protocol will use the assets underpinning reUSD and reUSDe to deploy into a diversified portfolio of reinsurance contracts through a licensed reinsurer.
In return, users will earn yield that is uncorrelated with typical market volatility.

Funding Information.

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

Additional Backers: Defy, SiriusPoint

Nature of Content to Craft

Product Developments:

- Re Points program are live

- reUSD & reUSDe are live on Avalanche

- reUSD is live on Base

- 5x Sats on reUSD & reUSDe are live forEthena holders

Key Narratives - Click here

CTA to Focus on

Re Points are live! Deposit stablecoins (USDC, USDT, DAI, USDe & sUSDe) and hold reUSD or reUSDe to earn real yield and points at https://link.re.xyz/restake.

5x Sats on reUSD is live for Ethena holders. Hold reUSD & earn 5x Ethena points.

Information about Re:

Supporting Tweets:

Docs:

Articles:

Threads you can take inspiration from

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

Things to not cover or not to do while crafting

Parameter to be eligible for considering for winning -

Your entry must meet the following criteria:

Include CTR link in the thread as your CTA <Mandate> (you can copy it by scrolling below, it’s customized for every creator)

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

Deadline/Timelines

18th August to 31st August - 11:59 PM IST

Reward -

🥇 Gold: 150 × 3 = $450

🥈 Silver: 100 × 8 = $800

🥉 Bronze: 50 × 15 = $750

Re protocol (Phase 2)