Technical Documentation

Proof-of-Interaction Mining Whitepaper

A comprehensive guide to the Solana PoIM token distribution mechanism

Token:POIM
Network:Solana Mainnet

Abstract

Proof-of-Interaction Mining (PoIM) is a novel token distribution mechanism built on Solana that rewards verifiable on-chain participation rather than computational work. Users deposit SOL into a flexible vault, accumulate mining points through time commitment and on-chain activities, and receive proportional token distributions each epoch. Unlike traditional staking or liquidity mining, PoIM emphasizes long-term engagement without lock-up periods, enabling users to withdraw their principal at any time while incentivizing sustained participation through time-based multipliers.

Introduction

Traditional cryptocurrency mining relies on computational power (Proof-of-Work) or token lock-ups (Proof-of-Stake). These mechanisms have significant drawbacks: high energy consumption, hardware requirements, rigid lock-up periods, and limited accessibility for average users.

Solana PoIM introduces a fundamentally different approach: mining through interaction. Instead of burning electricity or locking tokens indefinitely, users earn by demonstrating genuine, long-term participation in the Solana ecosystem through verifiable on-chain actions.

Key Principle

This is NOT yield farming, staking, or an investment product. PoIM is a fair distribution mechanism that allocates POIM tokens to active Solana users based on their verifiable participation. There are no APY guarantees, no promises of returns, and no fixed rates.

System Overview

The PoIM system operates through a continuous cycle of deposits, point accumulation, and epoch-based token distributions. Here's the complete flow:

1

Deposit SOL

Users deposit native SOL (not the reward token) into the mining vault. Deposits can be made at any time and in any amount. The SOL remains fully owned by the user and can be withdrawn whenever needed.

2

Accumulate Mining Points

Mining points are calculated using the formula: Points = SOL Amount × Time Multiplier × Activity Bonus. The time multiplier starts at 1x and grows to 2.5x over 120 days of continuous participation.

3

Epoch Distribution

Every 168 hours, a fixed amount of POIM tokens is distributed. Each user receives a share proportional to their mining points relative to the total pool.

4

Claim Rewards

Users can claim their earned tokens at any time. Claimed tokens are immediately transferable with no vesting or lock-up periods.

5

Withdraw or Continue

Users can withdraw their deposited SOL at any time. Withdrawing resets the time multiplier to 1.0x but does not affect previously earned tokens. Users can re-deposit and start building their multiplier again.

Time Multiplier System

The time multiplier is the core innovation of PoIM. It rewards long-term commitment without requiring rigid lock-ups, creating a flexible yet incentive-aligned system.

Multiplier Growth Formula

Multiplier = 1 + (Days in Vault / 120) × (2.5 - 1)
Day 0 (Initial Deposit)1.00x
Day 301.38x
Day 601.75x
Day 902.13x
Day 120+2.50x (Maximum)

Withdrawal Impact

When users withdraw any amount of SOL, their time multiplier resets to 1x. This creates a natural incentive for long-term participation while preserving flexibility. Users can re-deposit immediately and begin building their multiplier again from day zero.

Activity Bonus System

Activity bonuses reward users for genuine on-chain engagement beyond passive deposits. All bonuses are verifiable through Solana transaction history and include cooldown periods to prevent abuse.

Daily Signature

Sign a message once per day

+5% Mining Points
+5%

On-chain Swap

Complete a token swap

+10% Mining Points
Cooldown: 1h
+10%

Community Vote

Participate in governance

+8% Mining Points
Cooldown: 24h
+8%

Weekly Milestone

7 days consecutive activity

+25% Mining Points
+25%

Anti-Gaming Mechanisms

  • Cooldown periods ensure bonuses can't be farmed repeatedly in short timeframes
  • All activities are verified through on-chain transactions with signatures
  • Consecutive day tracking prevents bonus stacking through multiple accounts
  • Activity bonuses are capped and diminish for excessive repeated actions

Token Economics

Distribution Schedule

POIM tokens are distributed through fixed-emission epochs. The emission schedule is transparent, predetermined, and programmatically enforced through smart contracts.

Epoch Duration168 hours
Distribution MethodPro-rata by mining points
Token AddressCQdfNjvy...BvnLpump

Epoch Reward Calculation

User Mining Points = SOL Deposited × Time Multiplier × (1 + Activity Bonuses)
User Share = User Mining Points / Total Network Mining Points
User Reward = Epoch Emission × User Share

Example Calculation

  • • User deposits: 10 SOL
  • • Time multiplier: 1.5x (60 days)
  • • Activity bonus: 0.15 (15%)
  • • User mining points: 10 × 1.5 × 1.15 = 17.25 points
  • • Total network points: 1,000 points
  • • User share: 17.25 / 1,000 = 1.725%
  • • If epoch emission is 10,000 POIM: User receives 172.5 POIM

Security & Transparency

Smart Contract Architecture

The PoIM system is implemented through audited Solana programs (smart contracts) that handle deposits, withdrawals, point calculations, and token distributions. All operations are verifiable on-chain.

  • Non-custodial: Users retain full control of deposited SOL
  • Transparent: All calculations are verifiable on-chain
  • Permissionless: Anyone can participate without approval
  • Immutable: Distribution logic cannot be changed arbitrarily

Risk Considerations

  • Smart contract risk: While audited, all smart contracts carry inherent technical risks
  • No guaranteed returns: Token value and distribution amounts may vary significantly
  • Network dependency: Relies on Solana blockchain availability and performance
  • Token utility: POIM value depends on adoption and market conditions

Why Participate?

No Lock-Ups

Unlike traditional staking, your SOL is never locked. Withdraw at any time without penalties beyond multiplier reset.

Rewards Long-Term Commitment

Time multiplier grows to 2.5x, giving dedicated participants significantly higher mining power over time.

Earn Through Activity

Daily on-chain actions provide bonus mining points, rewarding genuine ecosystem participation.

Transparent & Fair

All calculations are on-chain and verifiable. No hidden rules, no arbitrary changes, no special treatment.

Conclusion

Solana Proof-of-Interaction Mining represents a new paradigm for token distribution that prioritizes genuine participation over computational power or rigid lock-ups. By combining flexible deposits, time-based multipliers, and activity bonuses, PoIM creates sustainable incentives for long-term Solana ecosystem engagement.

This system is transparent, verifiable, and accessible to all Solana users. While it provides no guarantees of returns or fixed rates, it offers a fair and programmatic mechanism for distributing POIM tokens to those who demonstrate consistent, verifiable participation in the network.

Ready to Start Mining?

Connect your wallet and join the Solana PoIM community today