# Overview

### What is (Re) - Amplify?

(Re) - Amplify is crypto's secure yield layer that generates token yield through reinsurance premiums. The platform partners with compliant, licensed, insurance carriers to provide digital asset collateral in exchange for high rates of premium income.  Digital Asset holders can now benefit from consistent insurance income which is uncorrelated to market cycles.  Moreover, this income is generally far higher than on other returns available in DeFi.

In fact, the insurance industry's slow adaptation creates unique opportunities for cryptocurrency holders to unlock value through specialized insurance products.  Token holders of **any kind** and **any chain** are often disadvantaged int their search for yield solutions that let you hodl your tokens while they grow in value AND are **sustainable yield**.  (Re) - Amplified fixes this by offering a term-based yield layer that is fully composable in DeFi while generating stable returns on volatile tokens.

### Insurance and the Web3 space

Insurance is a financial primitive securing trillions of assets in traditional markets.  Both the Banking and Insurance industries have been very "unreceptive" to the blockchain industry, regardless of the regulatory status of a potential client. Many aspects of the crypto industry mimic those of the banking/capital markets world, aim to replace traditional systems, and are now staffed with many former "TradFi" professionals. However, the insurance industry moves much more slowly than the capital markets, and even bankers have a hard time understanding insurance. The traditional insurance tools used by large companies for cost savings and revenue enhancement (in fiat) are unknown to most of the crypto industry.