OnRe, the onchain asset manager delivering institutional-grade yield to DeFi, today launched OnRe Points, a rewards program designed to incentivize meaningful participation in the ONyc ecosystem. Unlike traditional liquidity mining, OnRe Points reward genuine capital efficiency by tracking how ONyc is actively deployed across DeFi protocols, strengthening its utility as Solana’s premier collateral asset.
OnRe points mark a shift from passive token farming to active ecosystem building. By rewarding ONyc’s deployment across DeFi protocols, the program creates a direct link between user activity and ecosystem growth.
“OnRe was built on a simple principle: capital should work as efficiently as possible,” said Dan Roberts, Co-Founder and CEO at OnRe. “ONyc is our foundation – a stable, yielding asset backed by reinsurance premiums and collateral interest. With OnRe Points, we’re rewarding users who put that capital to work in ways that reinforce the entire ecosystem.“
Points accrue daily with strategic multipliers that reward DeFi participation:
Base Holding (1x): 1 point per ONyc per day for asset holders, providing baseline rewards while accessing real-world yield from reinsurance performance.
Liquidity Provision (2x): Double rewards for providing ONyc liquidity on leading Solana DEXs including Kamino, Orca, and Raydium. LPs support deeper markets and tighter spreads, earning both multipliers and trading fees.
Lending and Borrowing (3x): Triple rewards for supplying ONyc as collateral to lending protocols like Kamino and Loopscale. Advanced users deploying looping strategies receive multipliers that scale with leverage, rewarding capital efficiency through recursive deposits that boost yields while maintaining exposure to ONyc.
Yield Trading (4x): Maximum rewards for providing liquidity and holding YT-ONyc on Exponent. YT (Yield Tokens) give LPs the ability to speculate on the future yield of the underlying asset.
Bonus campaigns will add extra rewards tied to social engagement, partnership launches, and community participation, giving users more ways to earn while driving deeper utility for ONyc.
“This isn’t about short-term incentives,” added Ayyan Rahman, Co-Founder and CGO at OnRe. “We’re building a framework that tracks and incentivizes capital deployment that genuinely strengthens ONyc. The more users put ONyc to work across DeFi, the stronger the ecosystem becomes, and the more their rewards compound.”
The program’s transparent structure allows users to optimize strategies while contributing to ONyc’s growth. OnRe Points demonstrate how strategic capital deployment creates compounding benefits, ensuring participants who contribute most to ecosystem liquidity and utility are rewarded proportionally.
Immediate Availability
OnRe Points are live today across all supported strategies. Users can begin earning immediately, with real-time tracking in the OnRe app showing ONyc positions, points, and onchain activity in one place. Participants can monitor their progress and adjust strategies as new opportunities emerge: https://app.onre.finance/.
The program underscores OnRe’s commitment to building sustainable DeFi infrastructure where genuine utility drives long-term value creation, ensuring early adopters capture maximum benefit from ONyc’s expanding ecosystem.
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About OnRe
OnRe is a leading onchain asset manager using yield-bearing assets to underwrite reinsurance, bringing stable, institutional-grade returns to DeFi. By connecting the $750B global reinsurance market with blockchain technology, OnRe provides investors access to structured products designed to deliver consistent yield across market cycles, opening a market that has historically been out of reach. Its flagship product, ONyc, is a multi-collateral, yielding dollar asset backed by reinsurance premiums, a $1.2T market the team has underwritten for more than a decade. Liquid, scalable, and fully composable, ONyc delivers resilient, uncorrelated returns and is positioned to become the preferred collateral asset across all of DeFi.
