$COW Protocol in a Nutshell
๐ Price Alert: The $COW token recently spiked about +12% to roughly $0.43. If you grabbed some early, nice! ๐ But crypto can be volatile โ experts warn to โstay alert for pullbacksโ, so consider taking some profit now to lock in gains.
๐ค How CoW works: CoW is a smart swap system. You simply sign a trade intent off-chain, then solver bots compete to batch and execute many orders at the best price. In other words, itโs like an auction of trade intents (aka Coincidences of Wants), which usually means cheaper trades and lower gas fees โ and it even beats front-running bots!
๐ณ๏ธ Governance & Perks: Holding $COW gives you voting power in the CowDAO and cool perks like discounted trading fees on CowSwap. In simple terms: you help steer the project and save money on trades! ๐
