CoW DAO

CoW Swap, a decentralized exchange platform, has announced the launch of a new feature called 'I'm Feeling Lucky'. This feature allows users to randomly select a token to buy when swapping their cryptocurrency. The platform claims that the secret to successful crypto investing is simply 'getting lucky'. Users can select their sell token, click the 'I'm Feeling Lucky' button, and CoW Swap's solver network will randomly buy a 'shitcoin' token. The feature is available on both the Ethereum Mainnet and Gnosis Chain, and trades will be backed by CoW Swap's MEV protection and competitive pricing. CoW DAO, the organization behind CoW Swap, aims to create a fairer financial system through its products like CoW Swap, CoW Protocol, and CoW Blocker.

CoW Swap, a decentralized exchange protocol, has implemented a unique feature called surplus-capturing limit orders. When a price spike occurs, CoW Swap provides users with the more favorable rate, unlike other exchanges that would fill the order at the limit price. A recent example showcased a user who was willing to sell ANGLE tokens for $0.085 each but received $0.091 per token due to a price spike, resulting in an additional $2,000 in profit. This feature aims to benefit users by sharing the surplus gains, which other exchanges typically keep for themselves.

MEV Blocker, a project aimed at enabling safe Ethereum usage, has proposed that builders pay a fee to access its order flow. This move is intended to keep MEV Blocker 100% free for users, supporting its goal of allowing anyone to use Ethereum securely. The draft proposal is open for comments from the community.

CoW Protocol, a decentralized trading platform that finds the best prices across exchanges and protects users from maximal extractable value (MEV), is currently hiring for a DevOps Engineer role. The company is seeking candidates with a passion for cryptocurrency and experience in building and maintaining infrastructure. In addition to the job opening, CoW Protocol has announced a referral program where individuals can earn up to 6,000 USDC for referring qualified candidates.

CoWSwap, a decentralized exchange protocol, has launched a new Time-Weighted Average Price (TWAP) feature that allows users to set downside protection for their trades. A user reported a positive experience with the TWAP feature, praising its smooth user experience and the ability to prevent trades from executing below a specified price threshold. CoWSwap aims to find the best prices across multiple exchanges and aggregators while protecting users from Maximal Extractable Value (MEV) issues.

According to insights shared by Felix Leupold during a panel discussion hosted by Blockworks, CoW Swap aims to utilize batch auctions to consolidate the fragmented liquidity landscape in decentralized finance (DeFi) and facilitate more capital-efficient swaps across the ecosystem. Leupold explained that CoW Swap's multi-dimensional batch auctions do not require a numeraire token and enable more efficient ring trades.

CoW DAO is an organization that builds products to protect users from Maximal Extractable Value (MEV) attacks, a form of price exploitation enabled by re-ordering transactions in a block. MEV costs traders millions in losses from slippage exploitation, liquidity provider losses, and frontrunning of NFT mints. CoW DAO's suite of products includes CoW Swap to prevent MEV for DeFi trades, CoW AMM to protect liquidity providers, and MEV Blocker to shield all Ethereum users. The DAO advocates for MEV searchers, who currently facilitate MEV, to become CoW Protocol solvers instead, using their capabilities to benefit users rather than exploit them.

Searchers are identified as the main perpetrators of MEV, yet they share similarities with solvers. Solvers play a vital role in CoW Protocol by securing optimal prices and shielding users from MEV. The proposal of transforming searchers into solvers is suggested.

CoW AMM now offers batch uniform clearing prices for all token pairs, along with a solver competition, enabling liquidity providers to eliminate LVR and the associated 5-7% tax on their liquidity.

CoW Swap, a decentralized aggregator in the world of DeFi, enables users to trade between ERC-20 tokens. Users can add custom tokens to the platform to trade them, ensuring a smooth experience. By pasting the official token contract address, users can import custom tokens to CoW Swap for trading. CoW DAO, an open organization supporting DeFi products like CoW Swap, aims to create a fair financial system.