# RE

🆕 $RE just listed on Gate
What is Re Protocol? It's an onchain capital market that connects stablecoin capital to fully collateralized, regulated reinsurance. In plain terms: it's bringing the traditional reinsurance market (insurance for insurers) onto the blockchain.
What does the RE token do? RE is the governance, coordination, and security token of Re Protocol, used for votes on protocol upgrades, governance parameters, technical permissions, and transparency standards.
Important note: holding RE doesn't grant equity, debt, ownership, revenue sharing, or any claim on insurance premiums or

#RE Keep going, explode, break through, try with 10U to test the waters, hundredfold coin