So the protocol @re has been getting lots of attention, thanks to their $600M FDV token launch for RE, but I'm telling you the actual business behind this team is one of the most scalable to ever be built onchain. DeFi nerds will dig this, cuz it's proof what can be built onchain, with real yield, but better than its TradFi counterparts. Both of their offerings, reUSD and reUSDe, earn from real-world reinsurance premiums, but the reUSD has senior tranche protection (6% APY) vs reUSDe is the mezzanine tranche (12.3% APY). If either of these fit into your yield portfolio construction, consider locking in the fixed yields via their Pendle PTs for up to 160+ days. PT-reUSD = 9.4% APY PT-reUSDe = 15.4% APY Pendle links: