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
BREAKING: Elon Musk Makes Another Move—Tesla Takes Action Regarding Dogecoin
US-Iran talks eye phased Hormuz deal, but leverage stalls progress
High copper prices support miners in Chile, but investments dent gains
Nigeria, US sign agreement to boost mining investment