Core Viewpoint - OnRe SAC Ltd. is enhancing independent verification and transparency measures for its tokenized reinsurance vehicle ONyc, as its utilization in decentralized finance (DeFi) increases [1][2] Group 1: Independent Verification and Transparency - The update includes institutional NAV and reserve attestations through Apex and DeFi-native verification via Accountable, reflecting a shift in how yield-bearing assets are evaluated in DeFi [2][4] - The expanded verification framework aims to improve ONyc's legibility for institutional allocators and DeFi-native risk systems, providing disclosures around reserve composition, NAV performance, and portfolio structure [4][5] Group 2: Utilization in DeFi - ONyc is increasingly being used as collateral across various onchain venues, moving beyond being a yield-generating asset, indicating a broader change in asset utilization in DeFi [2][3] - The asset represents tokenized exposure to a diversified portfolio of reinsurance risk, with returns generated from real-world insurance premiums [3][6] Group 3: Liquidity and Risk Management - OnRe emphasizes secondary market liquidity as a core component of its risk framework, ensuring manageable leverage during normal and stressed market conditions [4][6] - The company asserts that liquidity is essential in collateral systems and must be treated as a core risk input from the outset [4] Group 4: Future Outlook - Long-term validation of ONyc will depend on sustained collateral adoption, consistent liquidity under stress, and ongoing third-party verification [6] - OnRe plans to expand reporting and liquidity infrastructure as ONyc's role within DeFi evolves, emphasizing the need for usable assets across market conditions [6]

RT Ayyan Rahman (@AyyanERahman)Being tagged in a few posts about @onrefinance and ONyc, so I want to clarify what ONyc is, what it is not, and why we are bringing this to @solanaSolana’s yield ecosystem has taken huge steps forward. We now have LST-collateralized dollars, delta-neutral derivative strategies, and tokenized DeFi portfolios. All of these are important innovations. But they share one fundamental trait. Their yields are built on top of crypto’s volatility. Liquidity shifts, funding-rate swings, ...

Investment Opportunity - Kamino 提供以 0.27% APY 借入 USDG 的机会 [1] - 通过将 USDG 循环投入 ONyc，可赚取 20.35% APY [1] - 行业提供高效杠杆和复合实际收益 [1] - 行业提供一种更智能的方式来运用稳定币 [1]

OnRe (@onrefinance)'s new integration with @KaminoFinance is powered by Chainlink Onchain NAV.Onchain NAV enables OnRe to bring its yield-bearing onchain asset ONyc to @solana-native lending markets using hyper-reliable NAV data.https://t.co/tjzCeArAi2Via a Chainlink Onchain NAV feed, ONyc provides trusted daily valuation of reinsurance assets, supporting its integration into lending markets, structured vaults, and DeFi strategies on Solana.With ONyc now live on Kamino, users can access reinsurance-backed y ...