About CoW Protocol

COW token serves as a governance and utility asset within the CoW Protocol ecosystem, enabling holders to participate actively in the decision-making processes through the CowDAO. This decentralized autonomous organization empowers users to curate and shape the protocol's infrastructure, ensuring that the community's interests are prioritized in its development and operations. In addition to governance rights, COW token holders benefit from reduced trading fees on CowSwap, enhancing the overall trading experience. These incentives are designed to foster a robust community and encourage participation, ultimately contributing to the growth and sustainability of the CoW Protocol ecosystem.