Liquidity and Redemption

Liquidity flexibility is fundamental to attracting modern investors. OnRe combines scheduled redemption windows and on-chain secondary liquidity to offer a comprehensive, transparent, and efficient market access experience.

Redemption is structured to provide investors with clear, scheduled liquidity pathways via rONyc tokens, alongside real-time secondary market liquidity options.

Redemption Process:

  • To redeem, a user must be KYC’d via the platform and meet our eligibility requirements, including being a sophisticated investor.

  • Redemptions occur on a quarterly cycle.

  • At the start of each quarter, there is a 30-day notice window during which users may exchange their ONyc tokens for redemption tokens.

  • Redemptions are only completed on the next published redemption date which occurs at the end of the quarter, and subject to the available amount in the pool - the available amount is the amount that can be made available for redemption, taking into account existing and expected liabilities of the pool.

  • If total redemption requests exceed the available amount, redemptions will be fulfilled pro-rata, with any remainder reconverted to ONyc tokens for future redemption rounds.

  • The final value of redemptions is based on the last published NAV at the end of the quarter.

Secondary Market Access for ONyc:

  • For onchain native DeFi users, ONyc is available on Orca and Raydium, offering 24/7 liquidity to trade in and out with ease:

  • A market-making bot actively arbitrages price differences to maintain the token price close to its net asset value (NAV).

  • Users can borrow against ONyc tokens held in their wallet to further boost yields.

Direct Liquidity:

  • In addition to AMM liquidity, direct liquidity events are pre-planned to maximize efficiency.

  • Fund managers may mint additional ONyc tokens or issue rONyc tokens based on market needs and investor demand.

  • AMM liquidity provides faster access and more predictable pricing, while direct redemption offers a scheduled exit pathway without AMM fees.

This dual liquidity approach gives investors multiple pathways for access and exit, enhancing overall market resilience.

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