SOAP: Revolutionizing Proof-of-Work Economics & Security SOAP (Subsidized Open-market Acquisition Protocol) is like merge-mining, but instead of paying the subsidy chain’s reward to the miner, the reward is paid to a protocol address that sells the parent token at market and buys QUAI at market. Those purchased QUAI are then either burned or streamed as time-deferred incentives to users who lock QUAI.