Soland Project Airdrop: Participate with no cost to earn rewards

Recently, in the field of cryptocurrency, some well-known projects' airdrop activities have left many participants feeling disappointed. However, opportunities still exist within this industry. Project teams still have the need to promote and reward early supporters, and the key lies in whether the reward methods are recognized by the community and the level of attention they receive.

Airdrop returns are not directly related to project quality. Well-known projects may have strong backgrounds, but the competition is fierce, making the probability of receiving an airdrop relatively low, and there is even a risk of loss. Conversely, some projects that seem ordinary in the early stages may become dark horses later on, bringing substantial returns to participants. Soland might belong to this category.

Soland is a project in the Solana ecosystem that combines ZK, POW, and POS, achieving token distribution through an innovative mining algorithm. It is currently in the early stages, and the token has already been listed for trading. Recently, the official team launched an incentive Airdrop activity, allowing users to complete tasks and receive rewards without having to pay Gas fees or interaction costs.

Introduction to Soland

Soland is a mining project within the Solana ecosystem, utilizing 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 according to computing power and mining difficulty, achieving dynamic control of block rewards, ensuring token price stability, and integrating staking and node governance to realize ecological circulation.

The mining algorithm of Soland uses zero-knowledge proof (ZKP), which can be used for on-chain transaction verification. Users can acquire computing power for mining by subscribing to mining machines. Currently, computing power can be purchased through the official market, and holding computing power can earn SLD tokens.

In addition to purchasing computing power, users can also complete incentive Airdrop tasks to earn points, exchange points for computing power, hold computing power to earn mining rewards, achieving zero-cost participation. Soland was launched in mid-May this year, and is currently mainly aimed at foreign 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, currently priced at about 2 dollars in the market, and a fully diluted market cap of 4 million dollars.

Soland uses a mining algorithm that simulates BTC's SHA256, dynamically adjusting the halving based on network hash power. Currently, the total network hash power is 5,596,763 TH/s, with nearly 20,000 tokens staked, and approximately 140,000 tokens have been burned. The project has no pre-mining, achieving fair distribution, and the next halving is expected to take place on July 2.

SLD Allocation: 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 lowland.

Airdrop Participation Guide

The airdrop operation of Soland is relatively simple, mainly obtaining points by completing social tasks, exchanging for computing power, and holding it to receive SLD token rewards. The whole process is cost-free, with no expenses required.

The main steps include:

1. Enter the official Telegram bot
2. Complete social tasks ( daily check-in, join Telegram groups, follow Twitter, etc. )
3. Invite friends to earn extra points
4. Exchange points for computing power
5. Hold computing power to earn SLD token rewards
6. Withdraw, stake, or trade SLD tokens

For detailed operation procedures, please refer to the official guide.

Soland Summer Invitation Reward Event

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

The event settles once a week for a total of four weeks. The computing power from both direct and indirect invitations can share a reward of one million dollars.

Summary

Soland combines mining and staking through PoSW to achieve a circular token economic model. It uses ZK technology and computational power mining to enhance network security, lower participation barriers, and promote decentralization. Its Airdrop activities are quite friendly to participants, providing stable returns and various referral reward methods.

Although the daily earnings from low computing power are small, the long-term sustainability is strong. By completing tasks to increase computing power, daily SLD earnings will continue to grow. Airdrop SLD can be liquidated at any time, which is very beneficial for long-term participants and aligns with the original intention of the project team to conduct airdrops.