Successful DeFi products in this new world must solve two fundamental principles: new value creation and new institutional use cases. Regenerative finance is uniquely positioned to address both of these concerns. Understanding where ReFi came from makes it easier to figure out how. ReFi he is a combination of two different academic disciplines. Regenerative economics focuses on balanced, cyclical capital flows that integrate both positive and negative externalities while caring for people and commons. Decentralized finance aims to eliminate opaque and centralized intermediaries in order to democratize both access to financial services and control over the financial system itself.