🔥Exploring SOAP: How @QuaiNetwork evolves merge-mining into protocol buybacks 🔥

1/ Many people know merge-mining (like LTC-DOGE). But $QUAI just flipped it, turning external rewards into continuous QUAI buy pressure. Let’s dig in how it works ⬇️⬇️⬇️

2/ Traditional merge mining works like this: - You mine BTC + Coin at once - You earn both rewards - You instantly sell small coin for BTC Result of this is small coin pays for security and gets dumped on.

3/ SOAP (Subsidized Onchain AuxPoW) is revolutionising this game. Instead of miners getting the rewards, SOAP send 100% to a protocol controlled address. The address auto-converts those tokens > QUAI > buys + burns or reward stakers.

4/ The result of SOAP is: Instead of SELL pressure you get BUY pressure 🔥 External chains fund QUAI liquidity, automatically. Merge-mining rises as the tokenomics infrastructure.

5/ Benefits for miners: - Keep mining as usual - Earn QUAI - Contribute hashrate from BCH / LTC / DOGE rigs Benefits for the protocol: - Continuous buybacks - Higher Security - Positive feedback loop

6/ Technically, it’s powered by AuxPoW, proofs showing a parent chain block really paid the protocol. Each workshare includes: - Parent block header - Coinbase tx - Merkle proof - SOAP commitment (“SOAP” + 32B hash) Everything verified on-chain.

7/ SOAP introduces workshares, mini proofs that don’t form new Quai blocks but add entropy and earn QUAI rewards. More algos = more security.🔥 SHA256d, Scrypt, KAWPOW all contribute hashpower. Hardware diversity > attack resistance 🆙

8/ Economically SOAP is really smooth 😎 If miners sell QUAI, SOAP buys back and create net-zero flow. If miners hold, it’s net-positive buy pressure. Feedback 🔁 Price ⬆️ > more hashrate > stronger network > more SOAP subsidies > more buys.

9/ SOAP doesn’t make Quai depend on parent chains. If merge-mining stops, Quai still produces KAWPOW blocks. SOAP = optional additive security + funding. No liveness coupling, just upside.

10/ In short think of SOAP 🧼 as: Merge-Mining + Protocol buybacks + Multi-Algo security + Sustainable emission model Hashrate turned into on-chain liquidity.

11/ To summ everything up 🆙 SOAP transforms merge-mining from a sell event into protocol subsidy loop. External block rewards become QUAI demand. Security now pays forward.

Conclusion 😎 QUAI solved the major challenge of merge-mining by introducing SOAP 🧼 With this automated mechanism, we will definitely see price action. SOAP tech shows that QUAI isn’t just an ordinary PoW project but one with damn solid background. Definitely interesting tech build here 🫡

Thanks for reading the QUAI SOAP post If you found it valuable, retweet, like and give me a follow ( @RuggedWojak ). Thanks @0xalank for source and pictures 👍 Already cooking more content. 🔥Bear or bull, conviction stays full. Boomer out🔥