Solv Airdrop causes dissatisfaction among Large Investors, issuance of AI Agent introduces new methods for safeguarding rights.

Jessy, Golden Finance

On January 6, X user @Clarissexx0805 stated on X that, as an early large holder and staker of SolvProtocol, she did not receive the airdrop benefits that the project promised. She has repeatedly asked the Solve project team for an explanation but has not received the response she wanted.

Due to the difficulties it faced in protecting its rights, it launched an AI Agent project called ZaichXBT to assist itself in asserting its rights, and the market value of this AI Agent project's token surged to thirty million dollars at its peak.

Golden Finance contacted Solv founder Ryan on January 7 regarding the issue raised by @Clarissexx0805. He stated that a response would be provided after the team discussed it, but as of the time of publication, Golden Finance has not received an official response from Solv.

Did the whale get killed by Solv after using it up?

According to @Clarissexx0805's account, she staked 1800 BTC assets according to the rules and requirements set by the SolvProtocol project, and even after multiple dilutions, her stake still accounts for 10% of the total TVL. As far as she knows, Solv's airdrop accounts for 8-10% of the total fdv, and although she staked 1800 BTC, it ultimately only accounts for 0.05% of the FDV.

She expressed her confusion about this and repeatedly sought an explanation from Ryan, the founder of Solv, but did not receive a satisfactory response. After several discussions with Solve, Solve's investors indicated to @Clarissexx0805 that they would provide an additional 1% fdv as compensation, taken from the team's allocation.

In response to this matter, a reporter from Golden Finance contacted the founder of Solv, but he has not responded by the time of publication.

By sorting out this matter, we find that this incident exposes an industry unspoken rule: the relationship between large holders and project parties. For project parties, they need the capital pledges from large holders to provide data for the project, so they need to maintain a good relationship with the large holders.

The reason why large investors choose a project among numerous options and invest a significant amount of money is undoubtedly because they have had deep interactions and judgments with the project party. It is conceivable that during this period, Solv has made some promises to these large investors, and initially, their relationship was in a honeymoon phase.

Generally, project parties will adhere to some established rules and commitments in the early stages, providing corresponding rewards to large holders.

This dispute actually reflects the lack of contractual spirit from the Solve project team. As @Clarissexx0805 asked on X, "Who received the benefits that were not given to her?"

Currently, Solv will issue tokens on January 17 and launch on Binance. The published tokenomics are as follows: the maximum supply of Solv Protocol (SOLV) tokens is 9.66 billion (there may be a decision to increase supply through governance voting), with an initial supply of 8.4 billion (accounting for 86.96% of the maximum supply).

The first Megadrop airdrop will distribute 588 million SOLV, accounting for 7% of the initial supply. When it goes live on Binance spot, the initial circulating supply will be 1.4826 billion, accounting for 15.35% of the maximum supply. However, the more detailed airdrop rules for SolvProtocol have not yet been released.

AI Agent - A New Way to Play with Rights Protection Coin

Currently, within the circle, people jokingly refer to the @Clarissexx0805 involved in this rights protection as the 1800BTC sister. 1800 BTC has now exceeded 18 million USD, which can be considered a substantial fortune.

As for the things happening to herself, it is also about having more money to play with. She directly issued a rights protection token for an AI Agent, and according to her account, she created a project called ZaichXBT using Pump.ai, with the project token being $ZAI.

This is an AI Agent designed to help her defend her rights against Solv, and according to its design, it can also assist retail investors in defending their rights against any project party.

The project works as an AI Agent that can automatically post tweets, helping everyone to defend their rights on X.

In terms of the distribution of token rights, it is committed that all earnings on Solv will be 100% attributed to the ZaichXBT community. Every time Solve distributes earnings, it will buy back $ZAI at market price, and then long-term airdrop it to those who contribute to the rights protection cause.

The token economic design of the project is as follows: a portion of $ZAI will be airdropped to those who have helped her during the rights protection process. Every time Solv distributes profits, ZaichXBT will scan the entire X and directly airdrop $ZAI to the rights protection community.

To qualify for the $ZAI token airdrop, one of the following conditions must be met.

First, help them defend their rights regarding Solv on X, such as leaving messages under relevant accounts, supporting their claims, and even proposing reasonable solutions (for example: if they believe that project 1b fdv should launch, how much airdrop they should receive and how it should be distributed). Second, any user who encounters unfair treatment in any project should post evidence and @Zaich_XBT. Third, retweet relevant tweets @Zaich_XBT and attach the EVM address.

Such a design indeed allows more people to join in helping to forward and publish related rights protection messages. According to information from @Clarissexx0805 on Twitter, it is currently paying attention to the rights protection of other projects, such as the exchange Dexx, where internal personnel absconded with user assets. It stated on X that the victims of Dexx will have two opportunities to receive $ZAi airdrops.

The rights protection scheme is not a new concept in the industry. The emergence of the AI Agent launch platform has provided a new way for rights protection coins, allowing for the creation of an AI Agent to help rights defenders automatically protect their rights and also automatically issue tokens. This may also be where ZaichXBT's narrative is innovative.