Boost V2: Specific Use Cases and Examples
Explore various scenarios where Boost V2 can be applied with specific examples
Boost V2 offers powerful, flexible incentive mechanisms for specific on-chain transactions. Here are use cases with examples and direct links to corresponding deploy flow templates:
1. Incentivizing Liquidity Provision in Uniswap V2
Goal: Increase liquidity in a specific Uniswap V2 pool.
Implementation:
- Deploy a Boost that rewards users for each liquidity addition transaction to the ETH/USDC pool on Uniswap V2.
- The Boost could offer a fixed reward or a percentage of the liquidity provided, triggering immediately upon successful transaction completion.
Deploy this Boost
2. Encouraging Minting of a Specific NFT
Goal: Drive minting of a new NFT collection.
Implementation:
- Create a Boost that rewards users for each minting transaction of a specific NFT collection.
- The reward could be a fixed amount of tokens or a percentage of the minting price, distributed instantly upon successful mint.
Deploy this Boost
3. Attracting New Participants to a DePIN Network
Goal: Expand network coverage in a decentralized physical infrastructure network.
Implementation:
- Deploy a Boost that offers rewards for each transaction that registers a new node or device on the network.
- The reward could be higher for devices registered in underserved areas, determined by on-chain geolocation data if available.
Deploy this Boost
4. Stimulating Activity on dApps in an L2 Ecosystem
Goal: Increase usage of specific dApps on a Layer 2 network.
Implementation:
- Create a Boost that rewards users for each interaction with a selected set of dApps on the L2.
- For example, reward users for each swap transaction on a specific DEX, or for each lending/borrowing action on a DeFi protocol.
Deploy this Boost
5. Encouraging Governance Participation
Goal: Increase participation in on-chain governance votes.
Implementation:
- Deploy a Boost that rewards users for each voting transaction in governance proposals.
- The reward could be a fixed amount of tokens for each vote cast, regardless of the voting decision.
Deploy this Boost
6. Incentivizing Storage Providers
Goal: Increase storage capacity in a decentralized storage network.
Implementation:
- Create a Boost that rewards storage providers for each new sector commitment transaction.
- The reward could scale with the size of the sector committed, encouraging larger storage provisions.
Deploy this Boost
7. Promoting Swaps to a Specific Asset
Goal: Increase liquidity and adoption of a specific token.
Implementation:
- Deploy a Boost that rewards users for each swap transaction where the output token is the target asset.
- The reward could be a percentage of the swapped amount, paid in the target token or another reward token.
Deploy this Boost
8. Encouraging NFT Creation from an On-Chain AI Model
Goal: Drive usage of a specific on-chain AI model for NFT creation.
Implementation:
- Create a Boost that rewards users for each transaction that mints an NFT using the specified on-chain AI model.
- The reward could be a fixed amount of tokens or a unique attribute for the created NFT, triggered upon successful minting.
Deploy this Boost
These examples demonstrate how Boost V2 can be used to incentivize specific, verifiable on-chain actions across various use cases in the blockchain ecosystem. Each Boost targets a single transaction type, aligning with Boost V2’s design for immediate, transaction-based rewards. The provided links allow for quick access to relevant deploy flow templates for each use case.