SWaRM
Energy Token
Swarm ($SWRM) is an innovative blockchain platform designed to address the challenges of scalability, efficiency, and cost-effectiveness in the decentralized ecosystem.
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SWRM Energy Token
On a blockchain like SWaRM, the energy or transaction token powers the network. It’s a small fee for processing transactions or executing some particular smart contracts—similar to paying for fuel to run a car. SWaRM uses “ENERGY,” tied to its native token, SWRM. When you send SWRM or interact with a dApp, the network deducts ENERGY to keep things running smoothly and prevent spam.
Users can spend SWRM to acquire ENERGY, like buying credits for a subscription service, reducing fees. If ENERGY runs out, extra SWRM is burned to cover the cost. This system ensures efficiency while keeping SWRM as a strong, more sacred store of value. Costs are typically lower than other blockchains. As Energy is a sponsorship asset, it allows users to spend less SWRM as fuel, while saving with discounted fees.
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