"Tearing Apart" Storm: $6 Million Token Unlock Sparks Community Bloodbath $SOLV
In October 2022, Solv publicly broke with early large investors after suddenly changing unlock rules:
⚠️ Incident Trigger:
Some private investors (rumored to be an Asian fund) demanded the early unlocking of millions of $SOLV tokens.
The Solv team unilaterally froze their accounts and delayed the unlock, citing "maintaining secondary market stability" as the reason.
⚠️ Bloody Confrontation Scene:
Large investors accused: A lengthy post was published on Discord, accusing Solv of "maliciously seizing assets" and "violating the spirit of blockchain."
The team countered: An announcement stated that the user "violated the lock-up agreement by engaging in off-market trading," and threatened legal action.
Community Division: Retail investors angrily criticized the project for "capital hegemony," while institutional supporters stood firmly behind prioritizing rules.
💕 Conclusion:
The involved large investor's tokens were forcibly delayed in unlocking, and the price of $SOLV plummeted 40% in a single week.
Solv's reputation suffered a heavy blow, but unexpectedly gained some institutional recognition—"daring to confront capital head-on" became an alternative trust endorsement.
Later, the price of Solv tokens continued to fluctuate, and now the BTCFI narrative has restarted 🛫 for two reasons:
✅ Explosive demand for asset management in the Bitcoin ecosystem, with no competitors to Solv's technical solutions.
✅ Backed by deep collaborations with exchanges like Binance and Bybit, expectations are high.
However, it also faces many challenges:
⚠️ Competition Siege: Traditional DeFi giants like Uniswap and Aave are positioning themselves in the Bitcoin L2 space.
Friends, what do you think? Share your thoughts in the comments section! #BTC赛道龙头Solv进军RWA @Solv Protocol $BTC