The Continuous Gradual Dutch Auction Incentive is a protocol incentive that allows for rewards that adjust dynamically based on claim volume. See this document for more information on gradual dutch auctions. On Boost creation, the incentive’s total budget of the specified asset is transferred into this incentive from the associated budget.
The Boost V2 Docs are under active development and will be subject to changes.

Smart Contract

Read the smart contracts

Typedoc

See technical documentation

SDK Implementation

See the source

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Key Features

  • Supports native assets as well as any ERC20
  • Rewards programmatically decline after each claim
  • Rewards programmatically increase each hour without a claim
Unlike budgets, allowlists, and validators, incentives cannot be re-used between multiple Boosts.

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Create a new CGDAIncentive

import { BoostCore } from '@boostxyz/sdk/BoostCore'
import { config } from "./config";

const core = new BoostCore({ config });

await core.createBoost({
  maxParticipants: 10n,
  budget,
  action,
  allowList,
  incentives: [
    core.CGDAIncentive({
      asset: '0xERC20', // The address of the underlying asset, or zeroAddress for native token
      initialReward: 5n, // The initial amount for the first claim
      totalBudget: 10n, // The total amount distributable by this incentive
      rewardBoost: 1n, // How much to increase the reward each hour
      rewardDecay: 1n, // How much to subtract from the reward each hour
      manager: '0xBUDGET_ADDRESS',
    }),
  ],
});

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Get an existing CGDAIncentive

// if an incentive address is known, directly construct it
const incentive = core.CGDAIncentive("0xc55F719709bDad022B320E76f9DfF7e6F5680767")

// or if you want a budget from a specific chain
const incentiveOnBase = core.CGDAIncentive(
  "0xc55F719709bDad022B320E76f9DfF7e6F5680767",
  { chainId: 8453 }
)

// or accessible off of a a pre-exiting Boost
const boost = await core.getBoost(0n)
const incentive = boost.incentives.find(incentive => incentive instanceof CGDAIncentive)