The onchain reinsurance marketplace plans a governance token to let capital providers vote on protocol changes after writing $400M in premiums.
Re Protocol, an onchain reinsurance marketplace, will introduce $RE, an ERC-20 governance token, following $400M in premiums written. The token will enable holders to propose and vote on protocol changes, aligning decision-making with capital providers.
The protocol has secured over 30 insurance partners and written $200M in premiums in 2026 alone. It targets a $1 trillion global reinsurance market, offering fully collateralized capital to diversified portfolios through its licensed Cayman-based reinsurer, Cover Re.
$RE is designed as a governance instrument, not a yield token, with full tokenomics and eligibility details expected in an upcoming announcement.