IncentiveFi is building a decentralized incentive protocol on Ethereum. It aims to provide tools for creating and managing incentive systems using blockchain technology.

IncentiveFi Project Summary

IncentiveFi is making waves in the DeFi space with its innovative approach to turning hack claims into tradable assets. Here's a quick rundown of the latest developments and events related to their airdrop activities and claim markets.

Key Highlights

• First-Ever On-Chain Claim Market Success: IncentiveFi recently celebrated a major milestone with the recovery of 100% of stolen funds from a hack involving @KiloEx_perp. This event marked the first-ever on-chain claim market to transition from loss to trade to full recovery, offering claim buyers an average gain of 20% in under a week, equating to a 1,052% APR. Read more.

• New Claim Market Launch: A new claim market was launched following a $7M hack of @KiloEx_perp. Users can now trade these claims, turning DeFi losses into tradable assets. Explore the market.

• Dune Dashboard for DeFi Claim Market: IncentiveFi has launched a new Dune Dashboard, providing insights into the first-ever DeFi Claim Market and its traction. Check it out.

Recent Developments

Additional Information

• Testnet Achievements: IncentiveFi has been actively engaging users with their testnet, which has seen over 10,000 users participating. The platform continues to evolve with community-driven improvements.

• Educational Resources: For those new to IncentiveFi, they offer a comprehensive Gitbook to help users understand how claims work and how to trade them. Learn more.

IncentiveFi is pioneering a new frontier in DeFi by transforming hack claims into liquid assets, providing a unique opportunity for traders and investors to engage with the DeFi ecosystem in a novel way. Stay tuned for more updates and opportunities to participate in their innovative claim markets.