Introduction to Soland, a ZK+POW+POS project in the Solana ecosystem

Recently, the topic of airdrops has once again become a hot issue in the crypto space. Some large projects' airdrop activities have left many participants feeling disappointed, with some even incurring huge costs but gaining little in return. Nevertheless, we believe there are still many opportunities in the crypto field, as project teams always have the need to promote and reward early supporters. The key lies in whether the reward method is recognized and how much attention it receives.

It is worth noting that airdrop returns are not directly related to project quality. Although well-known projects have strong backgrounds, the competition is also more intense, making it more difficult to obtain airdrops and posing a risk of loss. In contrast, some projects that initially do not attract much attention may surprise in the later stages, bringing substantial returns to participants. Soland may belong to this category.

Soland is an innovative project within the Solana ecosystem that combines ZK, POW, and POS, achieving token distribution through a unique mining algorithm. Currently, the project is still in its early stages, and the tokens have been listed for trading. Recently, the official team launched an incentive airdrop event, allowing users to complete tasks and receive rewards without having to pay gas fees or interaction costs.

Soland Project Overview

Soland is a mining project within the Solana ecosystem, using a simple proof-of-work algorithm ( PoSW ), and it is also the first project to adopt a dual mining model. It combines POW and POS, dynamically adjusting based on computing power and mining difficulty, achieving dynamic control of block rewards to stabilize token prices. At the same time, it incorporates staking and node governance to form an ecological cycle.

The mining algorithm of Soland uses zero-knowledge proof (ZKP) for on-chain transaction verification. Users can acquire computing power by subscribing to mining machines and participate in mining. In addition to purchasing computing power, users can also complete incentive airdrop tasks to earn points, which can be exchanged for computing power, thereby achieving zero-cost participation. Soland was launched in mid-May this year and is currently mainly targeted at overseas users, with relatively few participants from within the country.

SLD Token Economic Model

The governance token of Soland is SLD, with a total supply of 2 million pieces, the current market price is about 2 dollars, and the fully diluted market cap is 4 million dollars.

Soland uses a mining algorithm similar to Bitcoin's SHA256, dynamically adjusting the halving cycle based on network hash power every 30 days. Currently, the total network hash power is 5.59 million TH/s, with nearly 20,000 tokens staked, and about 140,000 tokens have been burned. The project has no pre-mining, ensuring fair distribution, with the next halving expected to occur on July 2.

SLD Allocation Plan: 50% for POW mining, 45% for POS rewards, and 5% for incentive activities and core contributor rewards. Compared to other mining projects on Solana, Soland is currently still in a value trough.

Airdrop Participation Guide

The airdrop operation of Soland is relatively simple and is mainly conducted through Telegram. The core tasks include: joining the official group, following on Twitter, daily check-ins, and inviting friends. Completing tasks can earn points, which can be exchanged for computing power. Holding computing power allows you to mine SLD tokens. The entire process is cost-free, with no expenses required.

The specific steps are as follows:

1. Enter the official Telegram bot

2. Complete social tasks such as signing in, joining groups, and following Twitter, etc. (

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3. Invite friends to receive extra rewards

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4. Points can be exchanged for computing power after reaching 10,000 points.

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5. Bind Solana wallet address

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6. Log in to the official website using the Phantom wallet and sign the message to complete the wallet binding.

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7. Exchange computing power in the Telegram bot

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After obtaining computing power, holding it will earn you SLD token rewards. Rewards can be withdrawn to your wallet or you can choose to stake for additional returns. In addition, SLD tokens can be exchanged for stablecoins such as USDC on exchanges like Jupiter.

![0 cost, no tricks, no reverse manipulation, ZK proof computing power project Soland feeding level tutorial])https://img-cdn.gateio.im/webp-social/moments-63189d103ef8ae41ca38b944f3952065.webp01

Soland Summer Invitation Event

In addition to airdrops, Soland has also launched a computing power purchase invitation reward event from June 17 to July 14, (. Inviting new users to purchase computing power can earn corresponding rewards: a direct invitation earns 8% of the invited user's computing power purchase, while an indirect invitation earns 4%.

The event has a prize pool of one million dollars, with rankings and rewards distributed based on the total invited computing power. This provides users with additional earning opportunities.

![0 cost, no tricks, no reverse exploitation, ZK proof computing power project Soland feeding level tutorial])https://img-cdn.gateio.im/webp-social/moments-2b39e6482a181f41c6f15473c6bc73ff.webp(

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Summary

Soland has achieved a virtuous cycle of token economics by combining mining and staking through the innovative PoSW model. Zero-knowledge proof technology and computational mining have enhanced network security, allowing more people to participate in node governance and lowering the participation threshold for ordinary users. This is a meaningful attempt and innovation for the future development of blockchain.

The airdrop activity of Soland has a high user-friendliness, low thresholds, and stable rewards. Although the daily earnings are not high, the long-term accumulation can be considerable. The SLD tokens obtained from the airdrop can be redeemed at any time, which is beneficial for long-term participants. Overall, the incentive mechanism of Soland aligns with the essence of airdrops and is worth paying attention to.