Plume ONyc
Audited
Vault APY
TVL
$12.8K
Networks
About
nONYC provides onchain access to ONyc, OnRe’s Solana-native yield-bearing asset. ONyc represents a proportional interest in a legally ring-fenced segregated account in Bermuda used to collateralize sh...Read more
Hourly on Weekdays
Security reviews
Yield type
No. of holders
7
Redemption schedule
First week of each calendar month
Supported apps
How the price grows
Yield is automatically reinvested and reflected in growing token price
Who it's designed for
1
Tokenized reinsurance exposure
Access a historically institutional return stream through a single onchain vault share.
2
Real-world yield diversification
Add exposure to underwriting premiums and collateral returns rather than token emissions.
3
Price-accruing returns
Capture net portfolio performance through the nONYC share price without separate reward claims.
Yield is generated primarily by insurance and reinsurance premiums earned by ONyc’s segregated account, together with returns on its collateral. Net performance is reflected in ONyc’s NAV and then in nONYC’s share price. Claims, fees, expenses, and adverse portfolio performance can reduce returns or NAV. The strategy does not depend on token emissions, staking rewards, or funding-rate arbitrage.
Yield by world-class operators
Audits & Security
Plume Vaults is designed to meet the highest standards of safety, transparency, and compliance
