OnRe is an onchain reinsurance platform that connects institutional and DeFi capital to regulated reinsurance risk through the ONyc token. ONyc is a Solana-based, multi-collateral, yield-bearing asset representing proportional ownership in an OnRe investment pool focused on reinsurance underwriting and backed by stablecoin collateral. Pool capital supports reinsurance placements for licensed insurers, and returns derive from reinsurance premiums and income on collateral reserves.