Solv Airdrop Raises Discontent Among Large Investors, Issuance of AI Agent Introduces New Strategies for Rights Protection

Jessy, Golden Finance

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

Due to the difficulties faced in defending their rights, they launched an AI Agent project called ZaichXBT to assist in their advocacy, and the market value of the tokens for this AI Agent project soared 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 discussing with the team, but as of the time of publication, Golden Finance has not received an official reply from Solv.

Did the big players get sold out by Solv?

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

She expressed great confusion about this and repeatedly asked Solv's founder Ryan for an explanation, but did not receive a satisfactory answer. After multiple 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 as of the time of publication, he has not responded.

In analyzing this matter, we find that this incident exposes an unspoken rule in the industry: the relationship between large holders and project teams. For project teams, it is necessary to maintain a good relationship with large holders as they require their capital staking to support the project's data.

The reason why large investors choose a project among many and invest a substantial amount of their funds is undoubtedly because they have had deep interactions and judgments with the project party. It is evident that in this process, Solv has made some commitments to these large investors, and initially, their relationship was in a honeymoon period.

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

The recent dispute actually reflects the Solve project's lack of contractual spirit. As @Clarissexx0805 questioned on X, "Who received the profits that were not given to her?"

Currently, Solv will issue tokens on January 17 and go live on Binance. The announced tokenomics are as follows: the maximum supply of Solv Protocol (SOLV) tokens is 9.66 billion (may be decided to increase through governance voting), and the initial supply is 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. The more detailed airdrop rules for SolvProtocol have not yet been released.

AI Agent - A New Way to Utilize Rights Protection Coin

Currently, within the community, people jokingly refer to the rights protection of @Clarissexx0805 as the 1800BTC girl. 1800 BTC, which is currently over 18 million USD, can be said to be quite a fortune.

As for what happened to her, she also plays with a lot of money. She directly issued a rights protection token for an AI Agent and claimed that she created a project called ZaichXBT using Pump.ai, with the token being $ZAI.

This is an AI Agent designed to help her protect her rights against Solv, and it can also assist retail investors in protecting their rights against any project party.

The project's working principle is to serve as an AI Agent that can automatically tweet, helping everyone to voice their rights on X.

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

The tokenomics design of the project is as follows, reserving a portion of $ZAI to be airdropped to those who have helped during the rights protection. Each time Solv distributes earnings, ZaichXBT will scan the entire X and directly airdrop $ZAI to the rights protection community.

To receive the airdrop of $ZAI tokens, one of the following conditions must be met.

First, help defend Solv on X, such as leaving messages under related accounts, supporting rights protection, and even proposing reasonable solutions (for example: believing that project 1b fdv should receive a certain amount of airdrop and how to distribute it). Second, users who encounter unfair treatment in any project should post evidence and @Zaich_XBT. Third, retweet related posts @Zaich_XBT and attach the EVM address.

Such a design can indeed allow 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 staff absconded with user assets. It stated on X that the victims of Dexx will have two opportunities to receive $ZAi airdrops.

The rights protection platform is not a new play in the industry. The emergence of AI Agent launch platforms has provided new ways for rights protection tokens. By creating an AI Agent on the launch platform, rights protectors can automatically safeguard their rights and also automatically issue tokens. This might also be where ZaichXBT's narrative is innovative.