Incprinter Review: Is Its PulseChain Borrowing Worth It?
Incprinter is a PulseChain borrowing protocol that uses INC as collateral to mint INCD. The core mechanics are identifiable, but fees, contract details and security disclosures are sparse.
By the SkyBitcoins review team · Updated
Quick take
Incprinter may suit PulseChain users who already hold INC and want to mint INCD, but its sparse disclosures make it hard to judge the borrowing terms or security. Its stated model is a Liquity V1 fork, with PRINT as the staking token. Before depositing, verify the live contract addresses, borrowing and liquidation terms, and any applicable fees; no audits are listed.
Ratings
How Incprinter rates
- Trust
- 2.5/10
- Track record, licensing, audits and how your funds are held.
- Value
- n/a
- Fees, odds, rewards and bonuses: what you get for your money.
- Usability
- 3.0/10
- How easy it is to sign up, deposit, play or trade, and withdraw.
- Transparency
- 2.5/10
- How clearly the team, terms, fees and risks are disclosed.
Ratings run from 0 to 10 and use only facts we could check. Where the information isn't public we show n/a instead of guessing.
At a glance
Incprinter key facts
| Type | Collateralized borrowing protocol |
|---|---|
| Chain | PulseChain (chain ID 369) |
| Collateral | INC |
| Stablecoin | INCD |
| Staking token | |
| Audits | None listed |
| Value locked | $319K−5.7% 7d |
| Updated |
Is it for you?
Who Incprinter suits
Good for
- PulseChain users who already hold INC and understand collateralized borrowing
- DeFi users willing to assess a relatively undocumented protocol before using it
- Users who specifically want to explore INCD or the PRINT staking token
Not for
- Users who need published borrowing fees, liquidation terms or clear redemption rules before depositing
- People who want independently verified audits or published licensing information
- Users without experience managing collateral and liquidation risk in DeFi
- Anyone looking for a borrowing service on a chain other than PulseChain
What can you do with Incprinter?
Incprinter is described as a Liquity V1 fork on PulseChain. The stated design lets you put INC forward as collateral and mint INCD, while PRINT is used as the staking token. That gives the protocol two distinct roles: INC supports borrowing, and PRINT relates to staking. The project does not publish enough detail to confirm all the live borrowing options, how INCD can be redeemed, or what staking currently pays, so do not assume those terms from the token names alone. This is a protocol for users comfortable managing on-chain collateral, not a simple cash loan: your position depends on smart contracts, token prices and the rules configured by the protocol. Check the current app and contract information before acting, and make sure you understand how to repay or close a position.
What will an Incprinter loan cost you?
Incprinter does not publish borrowing fees, repayment charges or other protocol costs in the project details. That makes it difficult to compare a loan with alternatives or calculate the total cost of borrowing in advance. On top of any protocol charge, you should expect PulseChain transaction gas when opening, adjusting or closing an on-chain position; the amount varies with network conditions and is not set by Incprinter. Borrowing also has an economic cost if your INC could otherwise be used elsewhere, and collateral value can move while it is locked. Before you confirm a transaction, look for the displayed fee, the amount of INCD you will receive, and any costs for repayment or redemption. If those terms are not clearly shown, do not treat them as zero. A position that appears inexpensive at the start can still become costly if you need to manage it frequently.
How much should you trust Incprinter with collateral?
Incprinter is a smart-contract protocol, so using it means taking contract and collateral risks rather than relying on a conventional lender. No audits are listed, and the project details do not identify a licence or provide enough information to assess the team, governance, incident history or contract upgrade controls. A Liquity V1 fork description explains the project’s lineage, but it does not establish that Incprinter’s own contracts have been reviewed or are safe. You should independently verify the official contract addresses and confirm they match the app before approving tokens. Start with a small amount if you decide to proceed, and avoid granting broad or unfamiliar token permissions. Do not deposit funds you cannot afford to lose. The lack of published security evidence is a meaningful reason to wait if you need strong independent assurance before using a borrowing protocol.
What should you check before connecting a wallet?
The documented network is PulseChain, with chain ID 369. The project details do not publish supported wallets, a mobile app, connection instructions, transaction-speed expectations or supported networks beyond PulseChain. You will need access to INC on PulseChain for the described borrowing function, but confirm that the app and your wallet are configured for the correct network before making any transaction. Because this is an on-chain protocol, transactions require network gas and may not be reversible once confirmed. First inspect the app’s current instructions and verify contract addresses independently; then check that the wallet shows the correct assets and network. Do not rely on a token name or symbol alone to identify a contract. If you cannot verify the app, wallet connection or transaction details, stop rather than sending funds to an address you cannot confirm.
Where does Incprinter fall short?
The biggest drawback is the amount of information Incprinter leaves unanswered. Published project details do not give borrowing fees, liquidation thresholds, redemption rules, supported wallets, contract addresses, team information or a licensing position. No audits are listed. Those gaps matter because you need to know how much collateral protects a loan, what could trigger liquidation, how to repay, and whether contracts have been independently reviewed before putting assets at risk. The protocol’s PulseChain-only scope also rules it out if you want to borrow against assets on another chain. Treat any live interface figures as terms to verify carefully rather than as a substitute for clear documentation. If you need predictable costs, established security disclosures or a support process you can assess in advance, a better-documented borrowing service may be a more suitable choice.
5 steps
How to start with Incprinter
- 1
Confirm that using PulseChain DeFi is appropriate for you and that you understand the risk of losing collateral.
- 2
Find the official Incprinter app and independently verify its contract addresses before connecting a wallet.
- 3
Check that your wallet is on PulseChain (chain ID 369) and that the INC you hold is the intended token.
- 4
Read the live borrowing, repayment, liquidation and fee terms; do not proceed if any material term is unclear.
- 5
If you proceed, start cautiously, review each token approval and transaction, and keep enough funds for gas and position management.
Incprinter FAQs
What is Incprinter?
Incprinter is described as a fork of Liquity V1 on PulseChain. It lets users use INC as collateral to mint the INCD stablecoin, and PRINT is its staking token.
Which blockchain does Incprinter use?
Incprinter is described as running on PulseChain, chain ID 369. The project is not described as supporting other chains.
What does it cost to borrow on Incprinter?
The borrowing fees, repayment costs and liquidation thresholds are not published in the project details. Check the live app and transaction terms before committing collateral; network gas is an additional cost on-chain.
Is Incprinter audited or licensed?
No audits are listed for Incprinter, and the project does not publish licensing information in the details available. That does not prove a vulnerability, but it leaves important risks unverified. Only consider funds you can afford to lose.
How do you start using Incprinter?
You need INC on PulseChain to use the described collateral-and-minting mechanism. Wallet compatibility, deposit and withdrawal limits, and any identity checks are not published in the project details, so confirm these in the app before connecting or transferring funds.
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How we checked
Sources
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