Basic Information
| Information | Details |
|---|---|
| Project Name | CoW Swap |
| Project Website | CoW Swap Website |
| Project Description | CoW Swap finds the lowest prices from all decentralized exchanges and DEX aggregators & saves users more with peer-to-peer trading and protection from MEV. |
| Project Ticker | COW |
Airdrop Details
| Information | Details |
|---|---|
| Airdrop Type | Retroactive / Holder |
| Total Airdrop Amount | 50,000,000 COW tokens |
| Number of Eligible Users | 55,132 |
| Number of Claimants | Not Known |
Timeline
| Event | Date |
|---|---|
| Blockchain Snapshot | January 10, 2022 |
| Claiming Started | April 2, 2022 |
| Claiming Ends | March 28, 2022 |
Token Distribution
| Distribution | Amount |
|---|---|
| Maximum | 50,000,000 COW |
| Median/Average | 99.81 / 2,720.79 COW |
| Minimum | 3.16 COW |
Eligibility Criteria
GNO Holders Airdrop 🦉
- Users needed a minimum balance of at least 0.1 GNO.
- Eligibility extended to GNO holders on Ethereum Mainnet and Gnosis Chain.
- GBC validators were also eligible.
- LP token holders on the following platforms were included:
- Balancer V2 (Mainnet)
- Uniswap V3 (Mainnet)
- HoneySwap (Gnosis Chain)
- Symmetric (Gnosis Chain)
- SushiSwap (Gnosis Chain)
- Elk (Gnosis Chain)
- Swapr (Gnosis Chain)
CoW Swap User Airdrop 🐮
Three categories of users were eligible:
1. CoW POAPs Holders
- Users awarded a POAP were eligible for vCOW.
- Special POAPs for CowStars and User Test Participants had higher value.
2. Power Traders
Users qualified if they met all the following conditions:
- Minimum 3 trades.
- At least 14 days between the first and last trade.
- Minimum $1,000 total trading volume.
- Activity across both Ethereum Mainnet and Gnosis Chain counted.
3. General Traders
Users qualified if they met either of the following conditions:
- Traded at least once with a total volume of $1,000.
- Completed at least 5 trades.
- Trades across both Ethereum Mainnet and Gnosis Chain were combined.
To prevent wash trading, stable-to-stablecoin trades were discounted by 90% in Power Trader and Trader categories.
Investment Options
Certain users also had the option to purchase additional vCOW tokens:
- Power Traders (as per the eligibility criteria above).
- GNO Holders, proportional to their GNO holdings at the snapshot.
Users could invest in vCOW using:
- ETH (Ethereum Mainnet)
- xDAI (Gnosis Chain)
- GNO (via GNO Holder Options)
Investment vesting schedule:
- Any purchased vCOW tokens were subject to a 4-year linear vesting period.
Additional Airdrop Details
- vCOW was initially non-transferable to ensure governance participation.
- Users had to exchange vCOW for COW, the tradable token.
- If eligible for ≤ 10,000 vCOW, users could claim on Gnosis Chain and received 0.1 xDAI for gas.
- If eligible for > 10,000 vCOW, users could claim on Ethereum Mainnet.
Important Links
- Price Tracking: CoinMarketCap
- Price Tracking: CoinGecko
- Eligibility Criteria: Twitter Announcement
- Official Announcement: Medium Blog Post
- Airdrop Spreadsheet: Google Sheets
- Additional Discussion: Twitter Thread
- News Coverage: The Block
Additional Information
- Contract Addresses:
- Ethereum:
0xd057b63f5e69cf1b929b356b579cba08d7688048 - Gnosis Chain:
0xc20C9C13E853fc64d054b73fF21d3636B2d97eaB
- Ethereum:
- The total initial token supply was 1 billion COW, distributed among:
- The CoW Team
- CowDAO Treasury
- GnosisDAO
- CoWmunity Investment Options
- CoWmunity Airdrop
- CoW Advisors
- CoW Team Investment Partners
- 4-year vesting schedule applied to investors, GnosisDAO, and the core team.