Any DeFi product that is to succeed in this new world must solve for two fundamental principles: the creation of new value and new institutional use cases. Regenerative finance is uniquely positioned to address both of these concerns. Through understanding where ReFi comes from it’s easier to grasp how. ReFi is the combination of two distinct disciplines: regenerative economics, in which the focus is on balanced, circulatory flows of capital that integrate both positive and negative externalities while taking care of people and the commons; and decentralized finance, which aims to remove opaque, centralized intermediaries to democratize both the access to financial services and the management of the financial system itself.