What is reUSD?

reUSD is the proprietary token of the Re Protocol, designed to represent ownership and returns within the Insurance Capital Layer (ICL). This fungible ERC-20 token bridges the gap between traditional reinsurance and decentralized finance (DeFi), providing participants with transparent and auditable access to a historically opaque industry.

Key Features of reUSD

• Tokenized Representation: Each reUSD token corresponds to a proportional claim on the assets and returns within the ICL.

• Appreciation Through Returns: The value of reUSD is tied to the performance of the ICL, which includes profits from reinsurance contracts and returns from yield-bearing assets.

• Composability: reUSD integrates seamlessly with DeFi platforms, enabling holders to use their tokens for lending, borrowing, staking, and other decentralized applications.