Airdrops

OnRe Airdrop Guide: Farm On-Chain Reinsurance Yield on Solana

OnRe put the $750B reinsurance market on-chain on Solana. Mint ONyc for 10-16% real yield, farm OnRe Points at up to 4x, and loop via Kamino past 20%. Full farming playbook.

OnRe is doing something no other DeFi protocol has done: it put the reinsurance industry on-chain. Reinsurance is the insurance that insurers buy, a roughly $750B market of premium flows that has been locked behind institutional walls for a century. OnRe tokenizes access to it on Solana, pays a real yield from real premiums, and runs a points program on top. This guide covers what it is, whether an airdrop is coming, and exactly how to position. Start on .

What is OnRe?

OnRe is the world's first Bermuda-licensed on-chain reinsurance protocol, built on Solana. Reinsurance is a simple idea with a huge market behind it: insurance companies do not want to hold all of their risk, so they pay reinsurers to absorb a slice of it. Those payments are premiums, and premiums are cash flow. OnRe tokenizes that cash flow into ONyc, a token you can hold like any other yield-bearing asset, except the yield comes from underwriting real insurance policies rather than from token emissions.

When you deposit and receive ONyc, your capital sits behind actual policies underwritten by licensed actuaries. The base yield runs 10% to 16% APY, and because ONyc is composable it can be looped through Kamino to push effective yield past 20%, with $ONRE incentives layered across integrations. The "regulated" part matters here: OnRe operates under a Bermuda reinsurance license, the same regime the traditional industry uses, which is what lets it bridge institutional reinsurance capital into DeFi legitimately.

The team raised a $5M Series A co-led by Forward Industries and RockawayX, with backing that reads like a Solana who's-who: Ethena Labs, Solana Ventures, and others. Forward Industries, the largest corporate SOL holder, has signaled intent to commit up to $25M into Solana-based yield through the platform. That is serious institutional weight behind a brand-new category.

Is the OnRe airdrop confirmed?

Not officially, and we will not pretend otherwise. What OnRe has confirmed is OnRe Points, a rewards program built to incentivize genuine participation in the ONyc ecosystem. Points accrue daily and scale with strategic multipliers, from 1x for basic holding up to 4x for advanced yield-trading strategies. The $ONRE token is already referenced as an incentive across integrations.

Here is the honest read. A freshly funded protocol running a tiered points program, with a governance/incentive token already named, is following the exact pattern that has preceded most major DeFi airdrops. Points programs are how protocols measure who to reward before a token exists. Nothing is guaranteed, but the signals - recent raise, named token, multiplier-based points - are as strong as unconfirmed drops get. Position accordingly, farm the yield either way, and treat any token as a bonus on top of a product you would use regardless.

OnRe airdrop details

Project: OnRe (OnRe Finance)
Chain: Solana
Type: On-chain reinsurance, RWA yield (Bermuda-licensed)
Status: Live; OnRe Points active
Token / points: $ONRE referenced as incentive; OnRe Points live, airdrop unconfirmed
Points rate: 1x holding up to 4x advanced strategies, daily accrual
Core asset: ONyc (backed by real insurance premiums)
Base yield: 10-16% APY, 20%+ looped via Kamino
Backers: $5M Series A led by Forward Industries and RockawayX; Ethena Labs, Solana Ventures
Related airdrops: Solstice , Hylo , Loopscale
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How to farm the OnRe airdrop (step-by-step)

Open OnRe and connect a Solana wallet. Head to and connect Phantom or your Solana wallet of choice. You will need SOL for gas (cents on Solana) and a stablecoin to deposit. The leaderboard is where your points standing shows up, so this is also your dashboard.

Deposit to mint ONyc. Deposit into OnRe and receive ONyc. This is the base position: from here you are earning the 10-16% reinsurance APY and accruing OnRe Points at the 1x tier just for holding. If you want the simplest possible farm, you can stop here and let it compound.

Decide your multiplier tier. OnRe Points scale from 1x to 4x based on how actively ONyc is deployed. Basic holding is 1x. Deploying ONyc into more advanced yield strategies moves you up the multiplier ladder. Map your risk tolerance to a tier before you commit capital, because the higher tiers involve more moving parts.

Loop through Kamino for stacked yield (advanced). ONyc composes with Kamino, where looping can push effective yield past 20% while your activity also farms Kamino's own program. This is the nested-exposure move: one body of capital farming OnRe reinsurance yield, OnRe Points at a higher multiplier, and Kamino points simultaneously. Watch your health factor if you loop with leverage.

Hold, do not churn. Points accrue daily by position over time. Rotating in and out resets nothing useful and burns gas. The farmers who do best here treat ONyc as a hold, check the leaderboard weekly, and let the multiplier tier do the work.

Track your standing. Use the OnRe leaderboard to confirm your points are accruing and your tier is what you expect. This is also where you will spot any season transition or new campaign.

Advanced: the one-position, three-program stack

The efficient OnRe farm is not "deposit and wait." It is ONyc looped through Kamino, which makes the same dollars count for OnRe reinsurance yield, OnRe Points at up to 4x, and Kamino lending activity at once. If you already run a Solana footprint across Solstice or Hylo , OnRe adds a real-yield, uncorrelated leg to it. See the broader logic in nested exposure .

How much does it cost to farm OnRe?

Capital-wise, you can start small: any ONyc position earns yield and 1x points. Gas is negligible on Solana, cents per transaction. The real cost consideration is not fees, it is what is at risk. ONyc is backed by insurance premiums, which means in a catastrophic-loss year, claims get paid out of the pool and NAV can drop. This is the nature of reinsurance, not a smart-contract bug. Looping through Kamino adds liquidation risk if you use leverage, so keep a buffer. A realistic starting budget is whatever you would be comfortable holding as a yield position for months, since the points reward duration, not churn.

Is OnRe safe and legit?

OnRe's biggest credibility marker is that it is regulated: a Bermuda reinsurance license is the same framework the traditional industry runs on, which meaningfully reduces the "is this a rug" question. The $5M Series A led by Forward Industries and RockawayX, plus backing from Ethena Labs and Solana Ventures, adds institutional accountability. The honest risks are real though: reinsurance carries genuine underwriting risk (bad claim years hurt NAV), the category is brand-new on-chain so liquidity for ONyc can be thin, and looping adds smart-contract and liquidation risk on top. Regulation lowers counterparty risk, it does not remove market risk. As always: only deposit what you can afford to lose, use the official domain only, and never share your seed phrase.

OnRe Airdrop FAQ

How do OnRe Points work? They accrue daily based on your ONyc position and how actively it is deployed, scaling from 1x for basic holding to 4x for advanced yield-trading strategies. Track them on the OnRe leaderboard.

Where does the ONyc yield come from? From real reinsurance premiums. Insurers pay reinsurers to absorb portions of their risk, and those payments fund the 10-16% base APY. It is uncorrelated real-world cash flow, not token emissions.

Is there a Pendle or fixed-yield angle? OnRe's edge is looping via Kamino to push yield past 20% rather than a Pendle YT market. If a Pendle market for ONyc or a related asset goes live, holding the YT would concentrate points per dollar the way it does for xStocks STRCx ; as of now the documented amplifier is Kamino looping. Verify live before acting.

What are related airdrops? Other Solana yield and points plays: Solstice (delta-neutral USX), Hylo (LST-backed hyUSD), and Loopscale (fixed-rate lending). Farm them together for a full Solana footprint.

Related: Solstice airdrop guide , Hylo airdrop guide , Loopscale Loops explained . Full list: browse the airdrops catalog .

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