CIP-68 Voting Deadline
CIP-68 proposes consolidating all solver rewards onto the Ethereum mainnet, regardless of the chain where they’re earned. The goal? Streamline logistics and ensure healthy markets as CoW Protocol expands across blockchains like Arbitrum. With 100% quorum already met, this vote could lock in a system where rewards are distributed uniformly, reducing bridging complexities (forum.cow.fi). For users, this means potentially smoother trading experiences, while solvers benefit from simplified payouts. The change kicks off June 24-31, 2025, pending approval.Recent NewsOver the past three months, CoW DAO has been buzzing with progress. CIP-57, passed earlier, set the stage for multi-chain reward mechanisms, while the team tackled bridging challenges (forum.cow.fi, June 3, 2025). The protocol’s user-protective focus—via CoW Swap and MEV Blocker—continues to gain traction, with Kerve Capital highlighting potential revenue growth from re-evaluated fee structures (kervecapital.com, Jan 2024). This momentum makes CIP-68 a pivotal next step.Future PlansLooking ahead, CoW DAO aims to enhance native COW token bridging once demand justifies it, alongside exploring value accrual for $COW holders, like staking for discounts or revenue sharing (kervecapital.com). The roadmap also includes complexity reduction efforts, with Q1 2024 laying groundwork for sustainable growth. This vote could accelerate these ambitions, positioning CoW as a leader in decentralized exchange infrastructure.Onchain DataSpecific onchain metrics for CIP-68 are pending post-vote implementation, but CoW Protocol’s recent activity shows resilience. Etherscan data indicates steady transaction volumes on mainnet, with solver competition driving engagement—only 9% of auctions hit reward caps, suggesting room for growth (docs.cow.fi). We’ll update with precise figures as data emerges post-June 18.Community SentimentX reactions to the announcement (x.com/CoWSwap, June 11, 2025) are mixed but engaged. Supporters like @GaryAI_Fun cheer “moo!” and @yenierii41 see a “win for everyone,” reflecting optimism. However, @2e40anta expresses regret over $COW’s price movement, and @yuhwansu650224 calls it a “scam,” hinting at skepticism. Overall, the community is active, with the playful “CALcium” meme (x.com/shahrambki) adding humor.Additional InsightsThis tokenomics shift aligns with a bullish DEX aggregator trend, with CoW Swap poised for a ~15% CAGR per Kerve Capital’s 5-year outlook (kervecapital.com). Competitors like 1inch face similar scaling challenges, giving CoW an edge if CIP-68 succeeds. Users gain from reduced manipulation risks, though early adopters should watch for volatility as markets adjust.Risk DisclaimerAs with any tokenomics change, price fluctuations or implementation delays are possible. Always research and assess risks before participating.
CoW Protocol
June 18
