On March 11th, the Unibot mainnet team and the Unibot On Solana team announced the termination of their partnership, leading to a separation between the two parties. This announcement sparked a significant amount of discussion within the community and resulted in a sharp decline in the price of UNIBOT. According to Tradingview data, as of the time of writing, the price of UNIBOT plummeted to a low of $33.56, experiencing a 56% decrease from its peak the previous day.
The turmoil originated from a dispute between the Unibot mainnet team and the Solana team. Towards the end of last year, Unibot announced its plans to launch a dedicated robot designed for high-speed trading on the Solana blockchain, leveraging its important partnership with Jupiter and Birdeye. On January 2nd, Unibot introduced the “Unibot on Solana” tool for network trading on Solana, with advisory support from Primordium Group, granting early access to users in its first stage.
As holders of UNIBOT, the Unibot on Solana team chose to continue their development under the Unibot brand and reached an agreement with the Unibot mainnet team to independently operate robots on Solana to ensure security, scalability, and faster delivery. Since the project’s launch, the Unibot On Solana team has been responsible for brand building, announcements, partnership relations, and community growth strategies.
However, the Unibot core team announced the termination of their partnership with the Unibot on Solana team and requested a name change. They also announced the internal development and operation of Unibot on Solana. Subsequently, the Unibot on Solana team released a statement announcing the complete separation from the Unibot mainnet team and their plans to reshape their brand.
The termination of the partnership was attributed to the unauthorized launching of a robot named “evm_unibot” by the Unibot on Solana team, as well as user complaints about the inability to withdraw funds, which violated trust. Additionally, the Unibot on Solana team refused to undergo KYC verification. Most importantly, despite multiple attempts by the Unibot core team to collect fees, the Solana team failed to fulfill their promise of revenue distribution to UNIBOT holders.
The Unibot core team believed that these actions violated the core values of Unibot. However, the Unibot on Solana team described it as an “attempt to extort control.” It is evident that the dispute between the mainnet team and the Solana team revolves around the allocation of robot revenue.
According to Dune data, since the establishment of the Unibot on Solana project, its trading revenue has been increasing, with the total trading volume consistently surpassing that of the mainnet. Additionally, the usage rate of the mainnet robot has continued to decline. Therefore, the Unibot on Solana team believes that the mainnet team intentionally exerted pressure in an attempt to control the revenue of Solana robots and spread unfounded fear, uncertainty, and doubt (FUD) after their plans proved unfeasible.
In their statement, the Unibot on Solana team explicitly refuted these FUD claims, emphasizing that the security architecture and control remain unchanged, ensuring the safety of funds, and maintaining infrastructure capable of supporting over 10,000 daily active users. The team has also undergone KYC verification with several key business partners. Due to the negative culture created by the mainnet team and the continuous decline in the usage rate of the mainnet robot, the Solana team has decided to reshape their brand and completely separate from the Unibot mainnet team while promising to continue distributing the revenue share of Solana robots to UNIBOT holders.
This article is authorized and republished from Luccy, BlockBeats.
