On chain reinsurance company OnR will launch native token ONe and fund pool

According to Foresight News, The Block reported that regulated on chain reinsurance company OnR will launch its ONe token and fund pool, supported by Ethena Labs, Solana Foundation, and RockawayX. The ONe token is built on the Ethena protocol for synthesizing US dollars and generates returns from the Solana based reinsurance pool, which are a combination of sUSDe collateral returns and ONRE protocol incentives.