CoW DAO | Don't get milked โข๏ธ
@CoWSwap
User-protective products for DeFi: ๐ฎ CoW Swap ๐ฎ CoW Protocol ๐ฎ CoW AMM โฑ๏ธ MEV Blocker Start your journey here ๐ CoW.fi
Good decision! Whether swapping, LPing, minting, or transacting add MEV Blocker to your wallet for the biggest rebates of any RPC.
cow.fi/mev-blocker
For example, MEV Blocker paid $80K (24 ETH) 2 days ago ๐ค in a single rebate to a Uni v3 LP!
etherscan.io/tx/0xcb9c83567a230eda00c1421a342ad63b3e605d61ec7cb9a39c502350850c3aa9
x.com/cryptopunks_ce/status/1805615521548648663
Curve Finance Adopts CoW Protocol for Fee Collection
Exciting news โ @CurveFinance is using CoW Protocol for its new fee collection mechanism!
Curve has various sources of revenue, one via LP tokens. To distribute these fees, Curve first needs to convert them into a unified token. That's where programmatic orders come in.
A ๐งต
With programmatic orders, Curve is able to collect fees from their AMM pools automatically and swap all fees together, efficiently, into a common target token โ without any manual intervention.
blog.cow.fi/introducing-the-programmatic-order-framework-from-cow-protocol-088a14cb0375
๐คฉ
One week ago, CoW Swap went live on @arbitrum!
Now we build the future. ๐
Find out everything there is to know about CoW Protocol's deployment on Arbitrum โ tomorrow at 3pm UTC with @fleupold_ , @AnaTech_eth, and @kubesqrt.
๐ June 11th, 3 PM UTC
๐๏ธ x.com/i/spaces/1lDxLPLXnwZxm
x.com/0xWenMoon/status/1737636436122505434
Join CoW Protocol as a Python Software Engineer
Looking to make an udderly good career move in 2024? CoW Protocol is hiring for a Software Engineer with Python!
We're seeking a candidate passionate about crypto who also has experience in coding, especially in Python, to join our team.
Apply here ๐
boards.eu.greenhouse.io/cowswap/jobs/4332254101
The CoW Swap Settlement
Check out this huge CoW worth over $2 million!
Thanks to optimal execution powered by CoW Swap's batch auctions, 3 out of 4 traders swapped peer-to-peer and also benefitted from the best on-chain routing.
Here's the settlement ๐explorer.cow.fi/tx/0xfd6352012c7261091ab031c9ccf8bcd7985ea5ca0adee270ecacdd89c1947916?tab=orders&vis=trades๐
A ๐งต
Understanding MEV: CoW DAO's Educational Content
Now that we have your attention ...
CoW DAO has a bunch of great educational content on MEV.
Read on, young padawan ๐๐
Understanding MEV Protection
blog.cow.fi/understanding-mev-protection-651176673abc
The Power of Batch Auctions in CoW Protocol
Why is CoW Protocol different from all other trading protocols?
Two words: batch auctions ๐ฑ
Batch auctions make CoWs (Coincidences of Wants) possible โย saving traders lots of ๐ค
Lets look at batch auctions in action, with 2 txs involving the newly-transferrable $SAFE token ๐งต
1๏ธโฃ Intermediate Coincidence of Wants
In the first batched transaction (explorer.cow.fi/tx/0x0e9fba6feaac05b3ef61b151a0c7d9b1f65f16849cda9ea8df435160bc7dd1ae) we see 2 trades match against each other:
โ 1 ETH <> ~1K SAFE
โ ~1K SAFE <> 3.1K USDC (partially filled from a larger limit order of 4.5K SAFE <> 13.5K USDC)
Exciting Announcement: CoW DAO Launches First SAFE/WETH CoW AMM Pool
This week is all about @safe tokens and CoW DAO has some exciting news!
@karpatkey has deployed the first SAFE/WETH CoW AMM pool ๐etherscan.io/address/0x027e1CbF2C299CBa5eB8A2584910d04f1A8Aa403
This allows them to provide liquidity for the $SAFE token while benefiting from the best LVR protection available today.
CoW AMM works by making all 22 CoW Swap solvers compete to provide as much surplus as possible to CoW AMM liquidity pools whenever there is a rebalancing opportunity.
This protects LPs from LVR while allowing them to earn fees via surplus.