BlockBeats News, June 18th: Decentralized reinsurance protocol Re announced the official launch of the RE token and opened up airdrop claims. 95% of Season 1 participants (with less than 1.5 billion points) can claim all RE through the claim website. Users with more than 1.5 billion points will receive the first batch of 1.5 billion RE points as a reward on June 18th, plus an additional 10% of the remaining points. The remaining points will be distributed in six equal parts over three years, with a distribution every six months.

Re stated that KYC only applies to the top 5% of holders by balance, with the majority of holders already verified and subject to applicable legal jurisdiction.