What is Re Protocol reUSD?

Re Protocol is a blockchain platform founded to facilitate access to reinsurance risk through the tokenization of insurance contracts. It utilizes two deposit tokens: reUSD, which offers a principal-protected fixed yield, and reUSDe, a variable-yield option. The protocol operates on multiple blockchains, including Ethereum, Avalanche, Arbitrum, and Base.

The governance and treasury operations of Re Protocol are managed by the Re Foundation, based in the Cayman Islands, ensuring compliance with regulatory standards. The platform incorporates decentralized underwriting pools to provide transparent insurance returns and has integrations with various DeFi ecosystems.