Points Farming · 2026-11-12
OnRe: hold ONyc for 1x to 6x points depending on how you deploy it, plus a 2.5x vault
Overview
OnRe is on-chain reinsurance: it accepts digital assets as collateral for writing reinsurance contracts and issues ONyc, a yield-bearing asset, on Solana. Points accrue at one per ONyc per day and are multiplied by usage: 1x for holding in a wallet, 2x for DEX liquidity, 3x to 4x for lending and structured strategies, 5x for yield tokens, 6x for leveraged loops. The new OnRe Yield Plus vault, curated by Allez on Exponent, pays 2.5x points plus a share of $10,000 in ONyc rewards. No token has been announced.
Requirements
A Solana wallet and USDC. Swap USDC for ONyc through OnRe Open Access, which needs no KYC though some jurisdictions are excluded, then deploy ONyc into a strategy for the multiplier. Referral credit only activates once you hold 100 ONyc.
Reward
OnRe points, which the team states carry no cash value, with no token confirmed. Referrers earn 10% of their referrals' points and referrals get a 5% boost. The Yield Plus vault separately distributes $10,000 in ONyc by vault share regardless of strategy performance.
Deadline
Open-ended
Ongoing
Risk notes
Keep two things apart: the points are real and the token does not exist. Higher multipliers carry higher risk. Yield Plus charges a 1.5% management fee, 0.5% to withdraw and 1% for instant withdrawal, and the strategy uses leverage, with losses explicitly possible per the documentation. Its instant APY read 44.98% at the time of writing, a figure that moves with the market and is not an annualised promise. Separately, Loopscale froze withdrawals after an exploit and had restored only part of its functions as of November 6, so check separately if your ONyc loop routes through it. My read is to treat this as yield with a real underlying business plus points on the side, not as a guaranteed airdrop.
How to take part
- Always enter through the official link listed under Source — never a shortened link from a stranger.
- Use a dedicated wallet. Start with a small transaction, confirm it behaves as expected, then scale.
- Check every requirement one by one, especially snapshot times and holding periods.
- Claim or confirm before the deadline — expired windows are rarely re-opened.