When things go wrong, @IncentiveFi steps in. We’re pioneering the DeFi claims market, turning losses into liquid, tradable assets. Together with @getfailsafe, we bring trust, recovery, and resilience to DeFi. ⚡️

Whitehats’ work deserves a real payout. By buying the claim before helping projects recover stolen funds, they earn their fair share on the recovery.

Smarter insights, faster decisions, and a stronger community of empowered users. Welcome to ASI:One, @IncentiveFi.

Incentive 🤝 @Fetch_ai We’re partnering with @Fetch_ai and @ASI_Alliance. Fetch’s LLM tech helps users: • Understand what to do right after an incident • Learn how claim pricing mechanisms work • Find the best way to de-risk or gain exposure through claims

⚡️ Trade now on the Incentive Testnet Sell your claim for X ¢ on the dollar — or bet on the recovery. 🧩 https://t.co/qpNQOXDQRA The market decides who recovers faster.

Incentive lets victims, traders, and funds move instantly when incidents like this happen. You can now list or buy USDX claims directly on Incentive's Testnet — price them, trade them, or hedge exposure.

We’ve seen this story before: small exploit → restricted bridges → loss of confidence → liquidity spiral → depeg. Stablecoins aren’t failing because of hacks — they’re failing because no one can recover from them. That’s the gap we built Incentive to fix.

USDX is marketed as a “synthetic delta-neutral, crypto-collateralized, yield-bearing stablecoin.” In theory, uncorrelated. In practice, reflexive.

Since Monday, there’s been radio silence. No restored liquidity, no timeline, no user comms. When trust is the peg, silence is the rug. So holders started running for exits.

@Balancer’s vault bug drained ~$1M in USDX + sUSDX. Stable Labs froze bridges, blacklisted the attacker, and promised restitution. But they also limited cross-chain flow rates and pulled liquidity from @Arbitrum and @Base — effectively choking redemptions.

⚠️ $USDX, the $680M “delta-neutral” stablecoin by @StableLabs, is depegging. The move comes just days after a $1M Balancer pool exploit — raising new questions about liquidity design and user confidence.

That’s the layer we’re building at Incentive: market-priced claims embedded into DeFi positions—so risk is managed, TVL and adoption can finally scale.

Even when payout is certain but delayed (e.g. treasury reimbursements), embedding claims makes positions factorable, just like TradFi receivables. Portfolios stay liquid; risk is priced; capital cycles faster.

Incentive turns that future right into a tradable asset. If something breaks, victims don’t have to wait months— they can sell the claim for instant liquidity. Buyers price recovery odds, and markets discover fair value transparently.

What’s a claim? A claim is a right to receive assets in the future. Over $23B have been stolen in DeFi, and about 44% of those funds have already been recovered via whitehats, protocol reimbursements, or legal action. In other words: recoveries are real but time-uncertain.

If insurance can’t underwrite the whole stack at today’s risk levels, what works now? You embed claims at the position level so capital remains liquid even when incidents happen.

Result: nobody wants to park size in a system with no hard guarantees and ambiguous payouts. TVL won’t scale to institutional levels until the assurance gap with TradFi is closed.

At best, these models end up protecting only the largest protocols—by skimming the TradFi ↔ DeFi yield spread. Your 15% farm minus ~10% effective protection cost ≈ 5%… i.e., TradFi yield—with residual denial/cap risks (remember the UST era).

This is also why most “classic” on-chain insurance models are structurally doomed. You can’t sustainably insure the underlying when sector-wide loss ratios are this high and shocks are correlated. Premiums either explode or coverage shrinks to irrelevance.

Which leads to the obvious question: “Why the FUCK would I risk principal to earn a fuckass 10% on my stables?” https://t.co/ho9oS9zA8e If your downside is catastrophic while upside is single-digit, rational capital stays sidelined.

DeFi’s risk/reward is still upside-down. Total value lost vs. total user yield generated since 2018 is roughly 1:2 (~$23B+ lost in incidents vs. ~$50B+ net organic yield). That ratio is brutal for anyone deploying capital.