CoW DAO

Tomorrow, the CoW Guild community will have the opportunity to participate in fee-free trading for an hour. There will also be a community testing session and a special interview between MasterCoW and @fleupold_. Join at 14:00 UTC.

CoW Swap has launched gasless approvals, allowing users to swap over 150 tokens completely gaslessly. Users can now do an entire swap without spending any ETH or holding any ETH in their wallet. The upgrade offers benefits such as ETH-less swaps, faster trades, bundling efficiency, and enhanced security. Gasless approvals rely on Permit Extension for EIP-20 Signed Approvals, providing a better user experience and lowering the overall cost of trading. Gasless approvals are now live on CoW Swap for Ethereum Mainnet.

CoW Swap, with cumulative trading volumes of over $28B, is recognized by Binance Research for its early role in intent-specific trading dApps. They have recently integrated oSnap for decentralized governance and won the TWAP-tember trading contest.

CoW Swap's solvers are able to find the best rates available in DeFi without paying frontend fees. Users can get the best price on Uniswap or on other platforms if they offer a better rate.

CoW DAO's MEV Blocker has protected over 8.3 million transactions from front-running and sandwiching, safeguarding approximately $22 billion of swap volume from MEV attacks. Moreover, over 503 ETH has been paid out in rebates. CoW Swap and MEV Blocker have proven effective in dealing with MEV Bots, potentially saving the Ethereum Foundation from losing $9K and even generating additional surplus. CoW DAO encourages the Ethereum Foundation to try their products.

CoW Swap offers surplus opportunities on every order, whether it's trading $ETH to $USDC, $PEPE & $MOG, limit orders, or TWAP. Users have reported receiving significant price surpluses and netting extra ETH by using CoW Swap.

The $USDM token from @MountainUSDM combines the usability of stablecoins with the yield of TBills. It is now available for trading on the permissionless CoW Swap platform.

MEV Blocker is a solution for degens with a spouse and kids at home who are worried about MEV bots eating up their retirement accounts. Visit mevblocker.io/ for more information.

This article summarizes the CoW DAO presentation on Order Flow Auctions (OFA) in the Ethereum ecosystem, which took place at the Prague DeFi Summit. It explains the mechanics of OFAs and their multi-step process, along with crucial factors to consider. It also explores three types of OFAs and discusses two well-known implementations developed by CoW DAO: MEV Blocker RPC and CoW Swap. The impact of these products is highlighted, showcasing the benefits of OFAs in terms of price discovery, lower transaction costs, more liquidity, and protection from MEV.

CoW 華語社群 expresses gratitude to @BreederDodo and @DodoResearch team for their comprehensive analysis of CoW Swap's advantages and how it outperforms the competition. Read the full article here.