CoinEx News: Re Protocol officially posted on June 29 with a detailed breakdown of the launch and token economics of its governance token, $RE. Total supply is 1 billion tokens, with an initial circulating supply of 159.6 million (about 16%) at launch. It uses a community-first unlock structure: larger holders vest over 3 years, while team and investor tokens are locked for 3 years with a 1-year cliff. Re Protocol is an on-chain reinsurance infrastructure that runs real business through Cover Re SPC, with TVL already approaching $600 million, focused on low-volatility insurance portfolios. $RE is currently up around 28%, trading near $0.7433.