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Swarms are pushing for a new proposal to increase team holdings to 10% to prevent price manipulation

Swarms are pushing for a new proposal to increase team holdings to 10% to prevent price manipulation

Bitget2025/02/01 12:56
SWARMS+1.72%

PANews reported on February 1 that the AI ​​proxy protocol swarms tweeted that the price was manipulated because the team held too little coins (2%), and is currently promoting a new proposal to establish a DAO and increase the team's coin holdings to 10% to prevent market manipulation. The proposal will ensure that the team has the resources to continue to support the proxy infrastructure project and protect it from malicious whales and bad actors. In addition, the official will pay profits to DAO investors on a quarterly basis.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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