This feature is currently not live on the Public Testnet.
Incentiv Gate
The TransferGate is a user-centric security feature on the Incentiv blockchain that empowers users to enforce customizable rules for approving or rejecting incoming transactions. Designed to prevent unauthorized transfers and enhance compliance, it integrates seamlessly with Incentiv’s ERC-4337 Account Abstraction layer, combining granular asset control with ease of use.
Key Features
Transaction Approval Workflow
Users define rules (e.g., whitelisted addresses, maximum transfer amounts) via smart contract-based policies.
Incoming transactions are held in escrow until manually approved or automatically validated against predefined criteria.
Compliance-Ready Controls
KYC/AML Integration: Optional hooks to third-party compliance providers for institutional use cases.
Time-Locked Transfers: Schedule or delay transactions to meet regulatory requirements.
Granular Permission Layers
Multi-Signature Requirements: Mandate approvals from multiple stakeholders for high-value transfers.
Geofencing: Restrict transactions based on IP/geolocation data (e.g., OFAC-compliant regions).
Automated Risk Mitigation
Flag transactions from blacklisted addresses or suspicious patterns (e.g., sudden large withdrawals).
Integrate with decentralized oracles for real-time threat intelligence.
Technical Mechanism
ERC-4337 Integration: TransferGate rules are enforced via smart contract wallets, leveraging Account Abstraction to validate transactions before execution.
Rule Engine: A modular smart contract stack processes transactions against user-defined policies, with outcomes recorded on-chain.
Gas Optimization: Failed or pending transactions revert early, minimizing gas waste.
User Benefits
Feature
User Impact
Accidental Transfer Prevention
Block misaddressed payments or phishing attempts.
Institutional Compliance
Meet regulatory demands for audit trails and controls.
Customizable Security
Tailor rules to individual risk tolerance (e.g., DAO treasuries).
Strategic Impact
Enhanced Security: Reduces exploit risks by adding a policy layer between users and malicious actors.