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 rONe tokens, alongside real-time secondary market liquidity options.

Redemption Process:

• Redemption tokens (rONe) are issued for specific dates (e.g., "rONe 25 Dec 2025") to facilitate liquidity.

• Redemption tokens are minted 80 days before the redemption date.

• A window opens allowing users to swap ONe tokens for rONe tokens 70 days before the redemption date.

• On the redemption date, rONe tokens are exchanged for the underlying asset at the prevailing price.

Liquidity and Market Making:

• A significant portion of ONe tokens will be allocated to provide ample liquidity in automated market making (AMM) protocols, ensuring market access regardless of redemption dates. We will incentivise market makers to provide such liquidity.

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

• Users can borrow against ONe 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 ONe tokens or issue rONe 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.