CENT

/USDC

Incentiv is a Layer-1 blockchain that introduces a contribution-based economic model operating on Proof-of-Work consensus. The protocol reimagines blockchain incentive structures by rewarding productive network participation rather than solely capital or computational power. Incentiv's architecture combines three foundational elements: Advanced Account Abstraction (AAA), Proof-of-Work consensus, and the Incentiv+ economic engine. This integration creates a system where rewards align with meaningful contributions across five participant roles: miners, developers, users, bundlers, and liquidity providers. The protocol employs Ethash mining for network security, maintaining the permissionless nature of classic PoW systems while enhancing economic incentives. Unlike traditional PoW chains with fixed block rewards, Incentiv implements a dual reward structure: miners receive both block rewards for successful mining and participation rewards based on their contribution metrics. Both rewards are sourced from the fee pool. This approach ensures security spending scales with actual network demand rather than following arbitrary emission schedules. Incentiv's Advanced Account Abstraction layer makes programmable smart-contract wallets the default account type, while maintaining compatibility with legacy Externally Owned Accounts (EOAs). This architecture enables enhanced wallet functionality including multi-token fee payments through Paymasters, social recovery mechanisms, spending policies, and session keys—all without sacrificing security or decentralization. The Incentiv+ economic engine serves as the protocol's value distribution mechanism. It collects a value-based fee from transactions into a shared reward pool, then redistributes these funds across participant roles based on quantifiable contribution metrics. This distribution occurs in weekly epochs using a gradient model that ranks participants by performance and assigns proportional rewards. Incentiv's execution environment maintains full EVM compatibility, allowing developers to deploy Solidity smart contracts without modification. The protocol introduces specialized infrastructure components including the EntryPoint contract (the universal gateway for user operations), the Epoch Controller (managing economic cycles), and the progressive fee structure that applies different rates based on transaction value brackets. The network's token, $CENT, serves as both the primary medium of exchange and the mechanism for reward distribution. The token follows a fixed supply model with no inflation, creating a sustainable economic framework where value recirculates through the reward system rather than relying on perpetual emission. This combination of permissionless consensus, programmable accounts, and contribution-based economics creates a blockchain system designed for both technical robustness and human-centered usability, where rewards flow to those who add genuine value to the ecosystem.