Solv airdrops cause dissatisfaction among big investors; AI Agent is launched to provide new rights protection methods

Jessy, Jinse Finance

On January 6, X netizen @Clarissexx0805 said on X that as an early large staker of SolvProtocol, she did not get the airdrop income promised by the project party. She repeatedly asked the Solve project party for an explanation but did not get the response she wanted.

Because of the difficulties she suffered in defending her rights, she launched an AI Agent project ZaichXBT to help her defend her rights, and the token market value of this AI Agent project has reached 30 million US dollars at its peak.

Jinse Finance contacted Solv founder Ryan on January 7 regarding the issues raised by @Clarissexx0805. He said that he would give a reply after discussing with the team, but as of press time, Jinse Finance has not received an official reply from Solv.

Have the big investors been abandoned by Solv?

According to @Clarissexx0805, he pledged 1,800 BTC assets in accordance with the rules and requirements of the SolvProtocol project. 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. He pledged 1,800 BTC, but in the end it only accounted for 0.5% of FDV.

She was very puzzled about this. She asked Ryan, the founder of Solv, for an explanation many times, but did not get a satisfactory answer. After many discussions with Solve, Solve's investors told @Clarissexx0805 that they would give him an additional 1% fdv as compensation, which would be paid from the team's allocation.

In response to this matter, Golden Finance reporter contacted the founder of Solv, but he did not respond as of press time.

When we sort out this matter, we will find that this incident exposes an unspoken rule of the industry: the relationship between big households and project parties. For the project party, the funds of big households are needed to pledge to make data for the project, so it is necessary to maintain a good relationship with the big households.

The reason why big households choose a project among the numerous projects and put in a large amount of their own funds is undoubtedly that they need to have deep contact and judgment with the project party. It is conceivable that Solv has made some promises to these big households in the meantime, and the relationship between them is in a honeymoon period at first.

Generally, project parties will abide by some of the rules and promises set in the early stage and give the big households corresponding remuneration.

And behind this dispute, it actually reflects the lack of contract spirit of the Solve project party. As @Clarissexx0805 asked on X, "Who did all the benefits that didn't go to her go to?"

Currently, Solv will issue tokens and be listed on Binance on January 17. The token economics that have been announced are as follows: The maximum supply of Solv Protocol (SOLV) tokens is 9.66 billion (it may be decided whether to issue more through governance voting), and the initial supply is 8.4 billion (accounting for 86.96% of the maximum supply).

The first Megadrop will distribute 588 million SOLV, accounting for 7% of the initial supply. When listed on Binance spot, the initial circulation will be 1.4826 billion, accounting for 15.35% of the maximum supply. SolvProtocol has not yet released more detailed airdrop rules.

AI Agent——A New Way to Play with Rights Protection Coins

At present, in the circle, people jokingly call the rights protection @Clarissexx0805 the 1800BTC lady. 1800 BTC, which is currently over 180 million US dollars, can be said to be a lot of money.

As for what happened to her, she also knows how to play with money. She directly issued an AI Agent's rights protection coin. According to her own account, she used Pump.ai to create a project ZaichXBT, and the token of the project is $ZAI.

This is an AI Agent used to help her defend her rights against 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 that as an AI Agent that can automatically tweet, it can help everyone defend their rights and tweet on X.

In terms of the distribution of token rights, it promises that all its income on Solv will belong to the ZaichXBT community 100%. Every time Solve distributes income, it will recycle $ZAI at the market price, and then airdrop it to people who contribute to the rights protection cause for a long time.

The token economic design of the project is as follows. It reserves a part of $ZAI and will airdrop it to those who have helped it in the rights protection. Every time Solv distributes income, ZaichXBT will scan the entire X and airdrop $ZAI directly to the rights protection community.

To get the $ZAI token airdrop, you need to meet one of the following conditions:

One is to help X to defend Solv, such as leaving a message under the relevant account, supporting the rights protection, and even proposing a reasonable solution (for example: if you think that the project 1b fdv is online, how much airdrop should be given and how to distribute it). Second, users who have been treated unfairly in any project should post evidence and @Zaich_XBT. Third, forward relevant tweets @Zaich_XBT and attach the EVM address.

Such a design can indeed allow more people to join in and help forward and publish relevant rights protection messages. According to @Clarissexx0805’s Twitter information, he is currently paying attention to the rights protection of other projects, such as Dexx, an exchange where internal personnel previously absconded with user assets. He stated on X that victims of Dexx will have two opportunities to receive $ZAi airdrops.

Issuing rights protection plates is not a new way of playing in the industry. The emergence of AI Agent launch platforms has also given rights protection coins a new way of playing. Using the launch platform to create an AI Agent can help rights defenders automatically defend their rights and automatically issue tokens. This may also be where ZaichXBT’s narrative is novel.