Anyone knows who controls this wallet:
https://chainz.cryptoid.info/atms/address.dws?17539.htm ?
It looks like the swap wallet, but it stakes like crazy. I still can understand the need for the swap wallet to stake - to ensure the chain is moving well during the swap.
But! If swapped coins are not burnt, but are accessible to the dev team, then who can guarantee they do not end up being dumped to the open market (as the markets are still on the old chain)?
Even if we trust the main dev... by some reason (well, to some extent), this is a huge security risk for the project, as other parties can (might) get unauthorized access to the wallet. Things happen, I have already seen such situation on different project.
Isn't it better to burn the swapped coins, and allow only a smallish amount to stake forever (like 1000-5000 coins). Even 1000 coins can perfectly ensure the chain is moving, when diff is adjusted.
It's not the swap wallet, or wallet related to the team. Only about 1% of ATMOS has swapped so far and I suspect it'll remain very low until nearing the swap deadline. Our plan for handling the swap is very similar to what you described, as more ATMOS comes in and we become the majority of the staking power on the network we'll begin burning off surplus.