An adventurer unlocked the second treasure chest in the CoW Guild community, containing 1000 WXDAI + 1000 BZZ from @ethswarm. The race is on to claim the final $10,000 prize.
Dear smart contract developers, An intrepid adventurer unlocked the second treasure chest earlier this week, worth 1000 WXDAI + 1000 BZZ from @ethswarm. Who among will you will claim the final $10,000 prize? The race is on. 馃敀 gno:0x5388B20D5433Acd1B3a249E69323F8F3Ff654c75
MasterCoW was busy this crypto-winter, hiding his treasure from the bear. Now that the bull is back, he needs your help to open three of his treasure chests. A total of $12,500 is available for the most-clever treasure hackers.
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!