CoW Proposes Borrowing 7.5 Million COW from Treasury to Hire Wintermute as Market Maker

Article is form Jinse
September 18, 2024
This article is translated by ChatGPT Show original
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On September 18th, CoW proposed a plan to borrow 7.5 million COW tokens from its treasury to hire Wintermute as a market maker. Wintermute will be responsible for supporting COW's listing on major exchanges, enhancing token liquidity, and handling various over-the-counter (OTC) trades. They will be required to return the 7.5 million COW tokens after one year.

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