reUSDe

reUSDe is the Re Protocol’s performance token: it absorbs first‑loss risk across the reinsurance portfolio in exchange for a share of underwriting profits that historically translate to 16 – 25 % net annual returns. Price compounds daily off a quarterly‑refreshed Target Net Asset Value (tNAV), and redemptions are processed quarterly on a pro‑rata basis subject to actuarial release of surplus capital.