Swarms: Plans to implement SWARMS token buyback and burn mechanism
BlockBeats News, on September 11, the Solana-based AI agent protocol Swarm released a governance announcement, proposing to implement a SWARMS token buyback and burn mechanism, with the buyback plan to be carried out on a quarterly basis.
According to GMGN data, influenced by this news, SWARMS briefly surged in market capitalization, surpassing 26 million USD, and is now reported at 23 million USD, with a 24-hour increase of 11.5%.
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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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