Quick Overview

Incentive Exchange V1 allows users to buy and sell claims representing ownership rights to stolen funds (e.g., "The right on any funds recovered by the hacked Protocol X before Date Y").

• Users can buy claims to benefit from potential fund recoveries.

• Users can sell claims to de-risk on any hack & exploit by locking collateral. Payement upfront.

• The platform operates on-chain, permissionless, and without KYC requirements.

• All claims are backed by collateral, ensuring that all transactions are fully secured.

• Sellers cut the losses and transfer the risk to buyers that will receive payouts if funds are recovered.

Unlike traditional insurance models, Incentive creates a fully transparent, decentralized, and market-driven approach to handling stolen funds in DeFi.