Re Lists RE Token and Opens Airdrop Claims With Three-Year Vesting Plan

Decentralized reinsurance protocol Re announced that its RE token has been listed and that airdrop claims are now open, with different distribution schedules based on Season 1 points. According to Foresight News, 95% of Season 1 participants with points not exceeding 150 million can claim their full RE allocation through the claim website. Users with points above 150 million will receive an initial reward on June 18 consisting of 150 million RE points plus 10% of the remaining amount. The rest will be distributed in six equal installments over three years, paid once every six months. Re said KYC applies only to the top 5% of holders by holdings. It added that most holders have already passed verification and are subject to applicable laws.