Starting today, CoW Swap users will see a new modal when they approve the CoW Protocol settlement contact, encouraging them to set infinite approvals for token swaps with CoW Swap.
Approving the settlement contract is safe and leads to a much better experience for traders. āØ
Recently, š¦ changed how they display "approve" for txs. While the mechanism works well in isolation (and protects their users from scams) it is causing CoW Swap users to set allowances for each of their swaps multiple times (needlessly) ā breaking š®'s gas-less experience.
Remember that CoW Protocol's settlement contract is unalterable and has been audited multiple times.
Approving the settlement contract once allows traders to benefit from the latest and greatest innovations in DeFi (through solvers) without the risk of approving new contracts.
So go ahead and set those infinite approvals just once for a cheaper and smoooother experience overall.
Let solvers take the risk for you, knowing you're protected by CoW Protocol's battle-tested, 2-year old settlement contract. šŖ
Mooooo. š®
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