Hassan Maishera
Chainlink announced on Tuesday via X that OnRe's new integration with Kamino is powered by Chainlink Onchain NAV. Onchain NAV enables OnRe to bring its yield-bearing onchain asset ONyc to Solana-native lending markets using hyper-reliable NAV data.
Via a Chainlink Onchain NAV feed, ONyc provides a trusted daily valuation of reinsurance assets, supporting its integration into lending markets, structured vaults, and DeFi strategies on Solana.
With ONyc now live on Kamino, users can access reinsurance-backed yield strategies powered by the Chainlink data standard.
Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is down 2.6% over the past 24 hours, trading at $16.34.
