Jessy, Golden Finance
On January 6, X netizen @Clarissexx0805 stated on The promised airdrop income. She asked the Solve project team for explanation many times but did not get the response she wanted.
Because of the difficulty it encountered in safeguarding its rights, it launched an AI Agent project, ZaichXBT, to help it safeguard its rights. The token market value of this AI Agent project reached a peak of 30 million US dollars.
Golden Finance contacted Solv founder Ryan on January 7 regarding the issues reported by @Clarissexx0805. He said that he would give a reply after discussion with the team, but as of press time, Golden Finance has not received an official reply from Solv.
Has the big business been overthrown by Solv?
According to @Clarissexx0805, he pledged 1,800 BTC assets in accordance with the rules and requirements of the SolvProtocol project party. Even after multiple dilutions, his pledge 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 it pledged 1,800 BTC, but in the end it only accounted for 50,000% of FDV.
She was very puzzled by this. She asked Ryan, the founder of Solv, for an explanation many times, but did not receive a satisfactory answer. After many discussions with Solve, Solve’s investors told @Clarissexx0805 that they will give them an additional 1% fdv as compensation, which will be paid out of the team’s allocation quota.
In response to this matter, Golden Finance reporters contacted the founder of Solv, but he had not responded as of press time.
When we sort out this matter, we will find that this incident exposed an unspoken rule in the industry: the relationship between big players and project parties. For the project side, it requires the pledge of funds from large investors to produce data for the project, so it is necessary to maintain a good relationship with the large investors.
The reason why large investors select a project among numerous projects and invest a large amount of their own funds undoubtedly requires in-depth contact and judgment with the project party. It is conceivable that in the middle, Solv made some promises to these big players, and initially the relationship between them was in the honeymoon period.
Generally, project parties will abide by some rules and commitments set in the early stage and give corresponding remuneration to large investors.
What this dispute actually reflects is the lack of contractual spirit on the part of the Solve project side. As @Clarissexx0805 asked onAn, the announced token economics are as follows: The maximum supply of Solv Protocol (SOLV) tokens is 9.66 billion (may be decided through governance voting whether to issue additional tokens), 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 Binance spot was listed, the initial circulation was 1.4826 billion coins, accounting for 15.35% of the maximum supply. The more detailed airdrop rules of SolvProtocol have not yet been released.
AI Agent - a new way to play rights protection coins
At present, in the circle, people jokingly call @Clarissexx0805, the 1800BTC lady, who defended rights this time. 1,800 BTC currently exceeds 180 million US dollars, which can be said to be a fortune.
As for what happened to me, it is also true that people who have more money can play games. She directly issued an AI Agent rights protection coin. According to her self-report, she used Pump.ai to create a project ZaichXBT, and the project token is $ZAI.
This is an AI Agent used to help her defend her rights to Solv. According to its design, it can also help retail investors @ any project party to defend their rights.
The working principle of the project is as an AI Agent that can automatically tweet, which can help everyone protect their rights and tweet on X.
As for the distribution of token equity, she promised that all her income on Solv will be 100% vested in the ZaichXBT community. Every time Solve distributes income, she will recover $ZAI at the market price and then airdrop it for a long time. To those who contribute to the cause of human rights protection.
The project’s token economic design is as follows. It retains a portion of $ZAI, which will be airdropped to people who have helped her in safeguarding her rights. Every time Solv distributes income, ZaichXBT will scan the entire X and airdrop $ZAI directly to the rights protection community.
To obtain the airdrop of $ZAI tokens, you need to meet one of the following conditions.
The first is to help X protect its rights against Solv, such as leaving a message under the relevant account, Support rights protection and even propose reasonable solutions (for example: if you think project 1b fdv is online, how many airdrops should be given to it and how to distribute it). The second is for users who encounter unfair treatment in any project to post evidence and @Zaich_XBT The third is to forward the relevant tweet @Zaich_XBT and attach the EVM address
And such a design can indeed allow more people to join in helping them forward and publish relevant rights protection news, according to @Clarissexx0805 Twitter information It shows that it is currently paying attention to the rights protection of other projects, such as Dexx, an exchange where insiders involved users’ assets and ran away. It stated on X that Dexx’sVictims will have two chances to receive $ZAi airdrops.
Issuing rights protection plates is not a new method in the industry. The emergence of AI Agent startup platform has given rights protection coins a new way to play. Using the startup platform to create an AI Agent can help defenders automatically defend their rights. Tokens are automatically released. This may also be the novelty of ZaichXBT’s narrative.