CoW has launched a proposal to loan 7.5 million COWs from its treasury to hire Wintermute as a market maker
CoW initiated a proposal to borrow 7.5 million COW from the treasury to hire Wintermute as a market maker. Wintermute must return 7.5 million COW after 1 year.
In the loan plan, Wintermute is responsible for supporting COW's listing on major exchanges, enhancing token liquidity, and being responsible for various over-the-counter transactions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
A whale withdrew 100 ETH from cex to buy 138,462 ORA, with an unrealised profit of $340,000
DeFi Mobility Solution Barter Closes $3 Million Seed Round Led by Maven 11
PEPE price reached $0.000020361 per piece, up 3.06% during the day
BTC Bitcoin Price Surpasses $92,000, Up 2.31% in 24 Hours