CoW DAO

The latest update from @CoWSwap reveals the integration of sUSDe through solvers.

Users can now borrow in AJNA Finance using COW as collateral. Get ready to #Feelthemooo!

CoW Protocol saw a total volume of $1.9B in January, generating a surplus of $16.1M. Governance activities included executing proposals like testing fee models and renewing grants. New features introduced include charging fees on limit orders, a programmatic order proposal, and a new FM-AMM. Solvers generated $16M in surplus. The backend team focused on infrastructure improvements, while the frontend team worked on UI enhancements. Various content updates, product improvements, and open job positions were highlighted.

EIP-1271 (also known as ERC-1271) is an Ethereum improvement that allows smart contracts to validate signatures and sign messages. This upgrade unlocks advanced functionalities like intent-based trading, off-chain order books, authentication for web3 applications, and more. ERC-1271 provides a standard way for smart contracts to verify signatures, enabling them to trade on decentralized exchanges and perform gas-less transactions. Additionally, it enables the creation of conditional orders, advanced order types, and custom order logic for programmatic orders. ERC-1271 is an important development in Ethereum that expands the capabilities of smart contract trading.

MEV Blocker has sent over 950 ETH in rebates to users. Users who switch back from other networks in their wallet to MEV Blocker receive the best protection and rebates. One user received a refund of 0.44 ETH for a trade made through MEV Blocker, while another user who used a different RPC endpoint received no refund and lost out on 0.42 ETH to a backrunning searcher. MEV Blocker offers protection from the dark forest and ensures users receive rebates for their transactions.

Discover the concept of backrunning, the least harmful type of MEV, and how it can be used to the advantage of traders. Learn about the protection provided by MEV Blocker rebates and why trading with CoW Swap is still the best option to minimize price impact.

CoW Protocol has implemented fees on out-of-market limit orders as per CIP-34. The protocol now splits any extra amount obtained beyond the set limit price with users, capping the fee at 1% of the total trade volume. This fee model aligns the interests of the protocol with the users' success. Visit [link] for updates on the fee testing over the next 6 months.

CoW DAO is considering whether to renew the CoW Grants Program after a successful second year. CIP-35 is now available for $COW holder voting to gather opinions on the matter.

CIP-34 has passed by an overwhelming majority, marking a significant milestone on the protocol's path towards self-sustainability. The core team will now begin testing fee models to further this goal.

CoW Protocol has announced the launch of their new version of technical documentation, which includes guided live coding tutorials directly from the browser. The improved documentation aims to make learning, integrating, and exploring CoW Protocol easier than ever before.