Milkman: Timing Trades for DAOs Made Easier
Milkman: Timing Trades for DAOs Made Easier
Milkman, a contract developed in collaboration with CoW Protocol and Yearn Finance, allows DAOs and smart contract wallets to set dynamic price backstops for trades that will execute in the future. Several prominent DAOs, including Aave, Nexus Mutual, and ENS Domains, have already utilized Milkman for significant trades. The CoW Grants Program is also working on a version 2 of Milkman to further enhance its functionality. Stay tuned for more information.
Timing trades has been a challenge for DAOs, but that's all changing thanks to Milkman. 🥛😎 Instead of a fixed trade amount, Milkman lets you use a price checker (i.e. @chainlink) to ensure a fair market price at execution, even far into the future! blog.cow.fi/what-is-milkma… 👉
MKR Token Holders Face Upgrade Penalty Starting September 22
**MKR token holders have until September 22 to upgrade to SKY tokens** before facing escalating penalties. A governance vote on September 18 will decide on implementing a **Delayed Upgrade Penalty** that: - Starts at 1% for late upgrades - Increases every 3 months - Takes effect September 22 if approved **Why upgrade now:** - 630,600 MKR already upgraded to SKY - Access to staking rewards: ~15% USDS, ~14% SPK - Avoid upcoming penalties Upgrade options available on [CoW Swap](https://swap.cow.fi/#/1/swap/WETH/0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48) or [upgrademkrtosky.com](http://upgrademkrtosky.com). **Act before September 22** to avoid penalties and access staking rewards.
CoW Protocol Releases DeFi Survival Guide
CoW Protocol's team has launched a comprehensive **DeFi survival guide** to help traders navigate the complex world of decentralized finance safely. The guide addresses common threats including: - Rug pulls and ponzi schemes - Honeypot traps - Pump and dump schemes - Other fraudulent activities The resource aims to help users **spot scams**, **protect their wallets**, and **trade more intelligently** in the often unpredictable DeFi landscape. [Access the full DeFi survival guide](https://cow.fi/learn/de-fi-survival-guide-how-to-spot-scams-do-due-diligence-and-trade-without-getting-rekt)
CoW Swap Unaffected by npm Supply Chain Attack
**CoW Swap confirms all systems operational** despite ongoing npm supply chain security threats affecting the broader crypto ecosystem. The decentralized exchange protocol issued a brief statement confirming: - No impact on trading functionality - All systems running normally - Users can continue trading safely **Similar reassurances** from other major protocols like WalletConnect indicate the attack's scope may be limited to specific packages not widely used in DeFi infrastructure. The npm supply chain attack represents a growing concern for web3 projects that rely on JavaScript dependencies for their frontend applications and development tools.
Study Shows CoW Swap Leads Intent-Based DEXes in Decentralization and Volume
A comprehensive 6-month trading analysis reveals CoW Swap's dominance among solver-based DEXes: - **Higher Trading Volume**: ~$200M daily vs $60M (1inch Fusion) and $30M (UniswapX) - **More Decentralized**: Top solver only controls 25% market share, with next five at ~10% each - **Better for Large Trades**: Shows best execution improvement for trades over 100 ETH The study compared CoW Swap, 1inch Fusion, and UniswapX, finding solver-based DEXes generally outperform traditional alternatives through optimized routing and off-chain liquidity access. Try CoW Swap: [swap.cow.fi](https://swap.cow.fi/#/1/swap/WETH/0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48)
CoW DAO at DevCon Bangkok: Schedule of Events
CoW DAO announces their presence at DevCon Bangkok with a packed schedule: - Tuesday: @Silver_Queen presents on user interaction in web3 - Wednesday: Booth presence at ArbiVerse (Arbitrum event) with swag giveaways - Thursday: @AnnaMSGeorge discusses CoW AMM's batch mechanism - Friday: Two key talks: * @AndreaCanidio on trade intents and fair mechanism design * @fleupold_ explores PBS in Ethereum **Special Event**: CoW DAO hackathon offering $10,000 in prizes at ETHGlobal Visit the CoW DAO booth to connect with the team and collect exclusive swag!