Swarms posted on the X platform stating that the team only holds 2% of the chips, which is an error that has led to manipulation by malicious holders and exchanges. Swarms is launching a proposal to increase the team's chips to 10%, which will be achieved by establishing a DAO and then having token holders join and invest in the tokens.
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Swarms: Proposal is being introduced to increase team stake from 2% to 10%
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The yield on the 10-year U.S. Treasury note rose 2 basis points to 4.12%, a new high since November 2020.
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