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CoW Swaps Core Team Proposes Adding Fees

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CoW Swap’s Core Team Proposes Adding Fees

CoW Swap’s core development team has proposed adding fees for six months to test the best model for long-term adoption. 

The protocol aggregates other decentralized exchanges like Uniswap and 1inch, offering MEV-resistance to provide users the best price. 

The aim is to develop reliable and sustainable revenue streams by testing different fee models, including charging a flat fee for every trade and taking a percentage of users’ saved money. 

The fee revenue will accumulate to the CoW DAO, and the core team will provide public notice of all current fees. 

CoW Swap is currently the second most popular DEX aggregator on Ethereum by volume.

(With inputs from Shikha Singh)

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