CowSwap COW airdrop for CowSwap users

Stakingbits
Stakingbits
Published in
4 min readFeb 12, 2022

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CowSwap — a Meta DEX aggregator that allows you to buy and sell tokens using gas-less orders that are settled peer-to-peer among its users, or into any on-chain liquidity source while providing MEV protection — is launching its governance token vCOW to more than 50,000 eligible addresses.

The goal of the airdrop is to bootstrap a community of governors for the CowDAO to govern and curate essential infrastructure components of the CoW Protocol ecosystem, including:

  • System Parameters — CowDAO will be in charge of all system parameters such as the objective function for solution scoring and solver slashing conditions.
  • Treasury holdings and Protocol revenue — Allocation of treasury holdings, distribution of Protocol revenue and investing into ecosystem projects.
  • Staking — CoW Protocol solvers will be incentivized to compete for providing best solutions by capturing value for participation. This could come in the form of trading fees, solution token rewards or both. Solvers could be required to stake COW in order to participate in solution submission.

To be eligible for a claim:

  • You must have earned a CoW POAP
  • You must have traded on either Ethereum &/or Gnosis Chain
  • You must be a GNO holder

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