GIP-13 (Phase 2): CowDAO and COW Token

Governance GIPs
14

Yes, validators will be considered.

This forum post lays out the details for GNO Token holders with regards to their CoW airdrop eligibility:

For GNO Token holders the snapshot will be taken on January 9th. GNO holdings on Ethereum as well as Gnosis Chain will be eligible for the airdrop. If you want to participate in the potential airdrop of COW Tokens, you must swap your STAKE on January 9th at the latest (you have time until January 9th midnight UTC). All GBC validators will be eligible, as well as the following LP Token holders:

  • Balancer v2 (Mainnet)
  • Uniswap v3 (Mainnet)
  • SushiSwap (Mainnet)
  • HoneySwap (GnosisChain)
  • Symmetric (GnosisChain)
  • Swapr (GnosisChain)
  • Elk (GnosisChain)
  • SushiSwap (GnosisChain)
9 Likes
15

Glad you are bringing this up, had to google what it stands for (not obvious to non-natives). Thank you for bringing it to our attention.

2 Likes
17

Thanks for taking the concern seriously. I am usually against dramatizing specific terms and especially abbreviations since those can mean many different things depending on the context. However crypto and defi are heavily influenced by internet culture and the abbreviation CP is to this day strongly connected to those horrible things we all don’t even want to think about. I am a long term user of CowSwap and it would hurt my soul if this project would get mocked for the abbreviation or worse, falsely associated with those horrible things it stands for.

May I suggest CWP as a better abbreviation? Or maybe your team can come up with an even better name and abbreviation altogether. I like the cow meme though.

Thanks again for listening.

3 Likes
18

I love COW swap and looking forward to becoming more of an active DAO member.

4 Likes
19

very very goooooooood idea bro

4 Likes
20

It will Go to the moon

1 Like
21

Please be sure both farms and LP are considered. I know protocols are available to help if needed.

Can we assume if you are holding LP or in a farm contract you will get the airdrop?

Edited to share question we just received:

To receive the next CowSwap airdrop, which step below is still eligible for the farming GNO-ELK pair in GnosisChain?

(1) Just keep it in Farm

(2) Withdraw into Pool

(3) Remove LP into tokens

22

very good but you must add more network

1 Like
23

Hope the feature is airdropped to poap holders.

4 Likes
24

nice job, let us do it

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25

Love this proposal. Interested in:

  1. how COW token acquire the value ( future possible trading fee structure)
  2. the adoption of multi-chain and cross-chain strategy.
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26

I like it , cant wait:)

2 Likes
27

sounds great, any date known when the aidrop is going to happen?

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28

Thats great, but wen? :))

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29

this is good idea of tokenomic of this project

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30

Ya imagine all the people who try to google CP :rofl:

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31

One big question does remain who qualifies as an early user? Maybe use the snapshot date of the 9th for establishing early users, as that is when the Gnosis snap is made too.

In my opinion, people who knew there was going to be an airdrop but not whether they’d still qualify yet chose to use CowSwap shouldn’t be left behind. Including them would have them view CowSwap even more positively and get them to stick around and excluding them might just sour them forever.

Of course there’s a lot of airdrop hunters out there, but it is a mixed bag and the more the merrier.

2 Likes
32

:cow: Great. Waiting for more details about tokenomics and more network supports.

1 Like
33

Question, is holding GNO in a wallet like Trust or Exodus enough to get the airdrop? Got some on an exchange, but I think I should move it to wallet right?

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34

Great job.
My two cents :

  1. Definition of ‘early adopters’: Will we have or not the same definition in both cases - ‘airdrop’ and ‘community investment’?
    It might be nice to have a more strict definition of early adopters, for one case, and a wider definition in the other case. It is fair to recognize those who contributed early but efficient to creating the largest community as much as possible, to begin with (better to get on board more people in crypto coz community is a marketing weapon).
  2. Why do we have the word ‘Retroactive’ before ‘airdrop to early adopters’?.. ‘Airdrop to early adopters’ is probably enough - as all effects will be depending upon the definition of early adopters.
1 Like