@BOMBERuss 30 March 2022 more from that month

The #CowSwap decentralized exchange based on Gnosis Protocol v2 (GP v2) distributed a #COW management token worth ~$100 million among users. During the day, the asset collapsed in price by 20%. GPv2 assumes protection against MEV and has a Coincidence of Wants (CoWs) order matching mechanism that works as a DEX aggregator. On March 28, #CoWDAO members completed the application collection period and voted to exchange vCOW in a 1:1 ratio for the COW token. The asset can be used for farming and receiving discounts on trading commissions when interacting with the exchange. Early CowSwap followers were credited with #vCOW in February as part of the airdrop. Prior to that, the asset was used for project management and was not subject to sale. At the time of writing, COW is trading at a price of $1.03, according to CoinGecko. At its peak, its value reached $2.29. CoWDAO was created by separating from Gnosis DAO. Prior to that, the protocol had been worked on for the past four years. The offer contained the code that was used to deploy CoWDAO and vCOW airdrop. #airdrop #CryptoCurrency #DEX #SWAP