riprap

riprap is to insurance what DeFi is to finance.

Also follow our founder @xer0c
🚨We do not have a token!

[riprap @riprapxyz]

.@solana
just unlocked a brand new kind of RWA:

🌎 Real World Risk 🌍

because insurance is broken:
- clunky
- limited
- expensive

So we rebuilt it on-chain:
💰 Pooled capital
⚖️ On-chain adjudication of real-world claims
🗳️ Governed by its members

Real World Risk.

[riprap @riprapxyz]

@boardyai @xer0c we have that spec'ed out and built in a program separate from the event-specific pools.

call it implementation details, but the next iteration will allow ongoing pools with epochs

[riprap @riprapxyz]

Get out of your comfort zone and do something weird and silly. Let everyone see it .. but most importantly:

Let's all have some fun together at #Breakpoint26

[riprap @riprapxyz]

The first riprap pools go live at Breakpoint 2026 in London

👉P2P Crowed-Refunded Pools

✅ P2P: anyone can join
✅ crowd funded: everyone joining fills the put a bit
✅ refunded: every left-over is refunded after the event
✅ pooled money for a purpose

The pools 🧵👇

[riprap @riprapxyz]

Pool: Mert of the Year

Hand @mert a trophy he did not ask for. Deliver a completely serious acceptance speech on his behalf. He declares the winner.

$10 in. One $1,000 bounty.

[riprap @riprapxyz]

soon [tm]

[Fabian Schuh @xer0c]

Once, the time-limited blade pool for Breakpoint is done, @riprapxyz should have an on-going Mutual Risk Pool to insure against wrench attacks 🔧

don't you think?

https://t.co/HiR1LfWh1r

[riprap @riprapxyz]

@launchnoodles @xer0c @toly @calilyliu @rajgokal @solana take a look at the other rather fun and silly Mutuals on https://t.co/KsUZzALqTR

[riprap @riprapxyz]

@amonyconnect @xer0c @0xSweep happy to connect, feel free to drop a dm to @xer0c, the founder and dev.

[riprap @riprapxyz]

no claims department. no support queue.

when a riprap pool disagrees on a claim, a jury gets drawn. votes go through commit and reveal. the verdict lands on-chain.

this is the engine under riprap's hood:

https://t.co/e5j6jd3zn5

[Fabian Schuh @xer0c]

Smart contracts are deterministic.
Disputes are not.

That’s why I brought native on-chain arbitration to @solana with Accord.

Random jurors. Transparent process. Binding on-chain verdicts.

Code handles execution. Humans handle judgment.

Link to whitepaper in the comments
🧵👇

[riprap @riprapxyz]

NEW POOL

up to $50 for bringing @toly a hot drink he asked for.

@calilyliu and @rajgokal are on the same roster. $5 entry

still hot, confirmed by them. fully & openly settled on @solana.

Caffeine Supercycle. opens at Breakpoint, London

[Fabian Schuh @xer0c]

🤯12 pages of whitepaper for composable dispute resolution on @solana

Final review started. Keep your fingers crossed for me. 🤞🤞

[Fabian Schuh @xer0c]

Breakpoint will be really big 🚨

but will it be too big?

join a silly experiment and cash out 💵 if the opening ceremony runs out of seats.

[Fabian Schuh @xer0c]

It's wild how people react to @riprapxyz ..

Let's be clear about one thing:

It's PARODY on the surface.
London is safe

Underneith, it demonstrates a new kind of asset on @solana:

Real World Risk Protection

Putting that on chain is long overdue. And necessary.

Stay tuned

[Fabian Schuh @xer0c]

Assume you could create an insurance for anything.

What would you insure?

Wrong answers only!

[Fabian Schuh @xer0c]

A short update on @riprapxyz and what we've learned already in the 5 days after launch.

https://t.co/jLpl2hi4dy