Ayyan Rahman
@Ayyanrahman
Co Founder and Chief Strategy Officer @onrefinance | Co-Founder Gateway (Acq by @circle)
455 Following 1.7K Followers
I think this is the most underrated feature in all of DeFi.
Shoutout @hrsandrei for highlighting this
@kamino enables loopers to optimize yield and risk by swapping their debt positions in a single click.
A necessary feature for large @onrefinance users
Show more
Introducing Debt Swaps on Kamino.
Borrow positions can now migrate between debt assets in a single transaction, without manually unwinding and rebuilding the position.
Now available across all multi-debt markets, as well as in Kamino Multiply.
Show more
ONyc supports five distinct approaches, each suited to a different objective.
• Reduced risk exposure: Hold the Senior tranche (srONyc) for principal protection and a more predictable return profile
• Fixed yield certainty: Lock in a fixed rate until maturity with PT-ONyc or PT-srONyc
• Liquidity: Borrow stablecoins against ONyc collateral while continuing to accrue yield
• Fee generation: Provide liquidity to earn trading fees alongside the base yield
• Amplified exposure: Loop the position to increase potential returns, with higher risk
One asset, five ways to hold it. Each strategy adjusts the risk and return profile around the same underlying reinsurance yield.
Show more
OnRe's recent growth on @ExponentFinance 🤯
A yield optimzation venue, that is enables products for all risk and yield personas.
OnRe's total market size on Exponent is now over $32m.
From credit markets to yield trading @onrefinance is deeply integrated into DeFi utility!
Show more
Traditional insurance reporting is largely retrospective, with disclosures published after the risk has settled.
We've expanded the OnRe Transparency Dashboard to provide deeper insight into every layer of the portfolio backing ONyc in real time.
Transparency is only valuable if it explains what's behind the numbers:
Show more
OnRe Growth on Loopscale Earn optimizes yield across the @onrefinance DeFi ecosystem in a single position.
Deposit USDC and earn up to 12.28% APY, rebalanced daily across:
• Idle USDC lending to OnRe USDC markets
• Looped ONyc and PT-ONyc
• PT-ONyc on Exponent
Show more
Senior ONyc (srONyc) is now available for yield trading on Exponent with:
→ $10K in launch rewards
→ 3x OnRe Points boost (limited-time)
Lock a fixed rate on srONyc or get leveraged exposure to its yield
Show more
Never forget where you started.
@onrefinance found it’s start in DeFi first with Loopscale.
Major kudos to @Luketruitt and @marygooneratne taking time and energy to learn and support OnRe from day 1.
Today we make up over 50% of their TVL.
Show more
More than $84M in @onrefinance deposits across collateral, lend vaults, and earn vaults since launching on Loopscale 🥹🚀
OnRe continues to scale on the best DeFi infrastructure made for RWAs,@kamino.
@onrefinance is onboarding new capital allocators, asset managers, lenders, and HNWIs.
Please DM me to access uncorrelated returns.
Show more
$4M of new capacity is now available in one of @kamino's highest-yielding, most consistent loops.
First come, first earn.
As we scale, working with risk and curation teams like @SteakhouseFi has pushed us to increase our governance, transparency, and accountability standards.
There is a reason they have not accumulated bad debt.
Glad to scale on @kamino and improve our risk analysis/info!
Show more
$4.3M of capacity is available in the ONyc/USDG Multiply loop.
Over $85M is deployed across ONyc Multiply strategies on Kamino, providing up to 2.9x leveraged exposure to reinsurance-backed yield on Solana.
Show more
one of @kamino’s most consistent loops (averaging 20% APY for almost a year) just opened up a lot more capacity.
> $4.5M in available liquidity for ONyc/USDG
finally enough room for whales to enter.
probably not for long.
Show more
ONyc's yield starts with a reinsurance book.
OnRe's Transparency Dashboard now shows that book end-to-end. Work down from the new yield composition through the portfolio overview to see what generates the return, then the reinsurance exposures behind it.
Show more
Wow. @onrefinance has now entered top 20 asset managers in the Digital Assets world.
Goal is top 10 within a year. I believe with the introduction of better reserving, transparency, and utility across DeFi its very likely.
Source @RWA_xyz
Show more
Unfiltered comments from our @elementaldefi community on our latest @orca_so x @onrefinance pool.
Win for Elemental
Win for Orca
Win for OnRe
Win for Solana DeFi users
This is the sort of setup dreams are made of.
IT IS POSSIBLE to create products that are not predatory. I hope all of DeFi moves in this direction 🤝
Show more
In the last year, @kamino has redefined borrow and lend markets pushing DeFi forward.
Their creation of isolated markets, per asset rate curves, and risk parameters is the reason RWAs are scaling on Solana.
@onrefinance is proud to be the fastest growing market in all of DeFi
Show more
The ONyc supply cap on Kamino's @onrefinance Market has been raised to 120M.
Expanding access to the largest tokenized reinsurance market on Solana.
Tokenized reinsurance continues to expand on @kamino.
The ONyc supply cap has been increased by an additional 25M, unlocking deeper liquidity across the OnRe Market for participants to multiply up to 2.9x with USDC, USDG, or USDS and earn 20%+ APY + 6x OnRe Points.
Show more
NO WAY 🤯
> On June 25th, @onrefinance crossed $200M AUM
Today, it’s already at $225M, that’s 12.5% growth in the past 23 days alone.
Can they reach $300M by the end of the year?
Show more
We are now in the OnRe chapter of crypto
We are now in the "onchain finance" chapter of crypto
This is what I'm farming:
> ONyC Loop, 19% APY, RWA Exposure.
> USDe Loop, 19% APY, Stablecoin Farming.
> USDG Earn, 7% APY. No Leverage, simple stablecoin yield.
I like ONyC because it gives me exposure to yield that is not connected to crypto at all, while also farming their token airdrop.
The other two are just stablecoin farming.
Only thing to monitor is the PYUSD borrow rate staying lower than the USDe lend rate, otherwise APY goes negative.
Doing all of this on @kamino for all my yield farming
Show more
I know many users have been asking for liquidity on @Loopscale.
@Luketruitt and @marygooneratne have been hard at work, with new lenders joining the OnRe market.
Loop PT-ONyc via @ExponentFinance or use order-book based borrowing on your ONyc!
@solana is home to RWAs
Show more
$6M of liquidity is now available across ONyc/USDC and PT-ONyc/USDC Loop Vaults on @Loopscale.
Swap ONyc for PT-ONyc on @ExponentFinance to lock in a fixed APY, then loop it on Loopscale for up to 30.92% APY.
Or loop ONyc directly to earn up to 20.31% APY, plus 6x OnRe Points.
Show more
