When algorithmic mining and cryptocurrency collide with each other, a wave of enthusiasm that cannot be ignored is booming, and Soland, which is at the center of this whirlwind, is quickly gaining attention. In just one month of the "early bird stage", more than 2.56 million US dollars have been spent on Soland's computing power mining machines. What is behind this wave of enthusiasm? Let us unveil the mystery of Soland's popularity one by one.
1. What is it about Soland that makes him so amazing? What is his working mechanism?
Some attribute this to Soland’s innovative ideas and user foresight, while others attribute it to Soland’s growing popularity among community users and the popularity of algorithmic mining.
#Soland is the first on-chain mining algorithm using ZKP zero-knowledge proofs deployed on the#Solanachain.
Working mechanism: Soland provides users with a simple and convenient mining method. Users can mine $SLD Token by using Mint mining machines with different computing power. $SLD Token is a miner reward token in the Soland ecosystem. The total amount is infinitely close to 2 million. Each $SLD is produced by block rewards. The team has 0 pre-mining, which ensures a fair and transparent mechanism for the entire network.
2. #Soland 's advantages and project vision
✅Project advantages:
- Committed to perfecting innovation in the field of crypto mining
- A fair and transparent block reward mechanism for the entire network. The initial supply is 0, and all output coins rely on computing power.
-Innovative 30-day production reduction mechanism, early deployment to maximize benefits
-All processes are automatically executed by contracts, rejecting centralized intervention
-Solana chain is very popular, with global users participating, forming a high consensus in a short period of time, and quickly going viral
-Simple and clear reward system, the more you share, the more you earn
✅ Long-term planning of the project:
Soland's vision is to provide global users with a new mining participation mechanism that is fairer, simpler, and more efficient. Soland will use the innovative PoSW (Proof of Succinct Work) mining algorithm to reduce the complexity and internal barriers of traditional mining methods, open up new possibilities for miners, and reshape the mining ecosystem.
In an era of rapid development in the crypto space, Soland will surely lead the development and narrative innovation of the mining track at the forefront, and build the most potential wealth appreciation opportunity for the Web3.0 world.
3. #Soland Mining income and token economic model:
✅ Participate in the mining of mining machine computing power POW mining and obtain token income. Mining machines are mainly divided into the following types:
Mining machine level Mining machine price (USDT) Computing power
Ordinary 200 1000 T
Ordinary 500 2500 T
CPU 2000 10000 T
GPU 5000 25000 T
AISC 10000 52500 T
✅Participate in staking PoS mining and get mining rewards
Based on more efficient and secure consensus layer governance, Soland adopts the PoSW (Proof of Succinct Work) mining algorithm. Soland rewards 45% of the mining output tokens to POS mining pool users. Users can obtain a currency-based return of APY close to 300% by staking $SLD tokens to participate in consensus layer governance; the rewards obtained by recommending users to stake SLD to participate in consensus layer governance are: Directly recommend users: Receive 20% of the daily staking income of the recommended person's staking SLD
Indirectly recommended users: Get 10% of the daily staking income of indirect users’ staking SLD
✅ Participate in liquidity mining, become an LP and enjoy a share of token transaction fees
🔮In addition, $SLD token holders also have voting and governance rights for Soland. The following is the economic model of the $SLD token:
-50% belongs to miners
-45% belongs to PoS staking nodes
-5% for community incentives and airdrop rewards
💠💠In general, the recent algorithmic mining craze around PoSW highlights Soland’s growing influence in the crypto market. With its unique selling points, active community and rapid growth, Soland has attracted the attention of many investors and algorithmic mining enthusiasts. Whether you are considering buying a mining machine to join the mining ranks or are interested in the future market of $SLD, Soland’s rise has revealed a unique insight into crypto innovation and industry passion.
🔮🔮Currently the#Solandproject has just started, the earlier you enter, the higher the returns will be. Brothers who are interested can pay attention to it and join as soon as possible!
