Allez Labs(@AllezLabs):Lending stablecoins here = the senior tranche: over-collateralised by ONyc, ahead of borrower equity. @onrefinance underwrites catastrophe reinsurance and holds low-risk assets like T-bills and yield bearing stables for its yield. Only ~half the book is currently deployed to reinsurance, which limits drawdown risk and leaves potential redemption capacity. A supplier loss needs both a ~30% ONyc NAV drop and a liquidation failure. @kamino has passed no bad debt to date, across ~$230M of liquidations cleared (280k+ events since 2023).

2026.07.08 18:07

Lending stablecoins here = the senior tranche: over-collateralised by ONyc, ahead of borrower equity. @onrefinance underwrites catastrophe reinsurance and holds low-risk assets like T-bills and yield bearing stables for its yield. Only ~half the book is currently deployed to reinsurance, which limits drawdown risk and leaves potential redemption capacity. A supplier loss needs both a ~30% ONyc NAV drop and a liquidation failure. @kamino has passed no bad debt to date, across ~$230M of liquidations cleared (280k+ events since 2023).

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Kamino@kamino

2026.07.08 17:26

Stablecoin yields in the OnRe Market are outperforming DeFi benchmarks and 3M U.S. Treasuries. Earn up to 8.21% on USDG and 6.91% on USDC (30D avg), with diversified, risk-adjusted yield sourced from reinsurance premiums, stablecoin markets, and T-bills. Risk-adjusted stablecoin yield, powered by Kamino.

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