CoW Protocol

Q: What is the tokenomics of COW?​

A: The initial distribution of COW tokens was executed with precision, aimed at establishing a balanced and sustainable ecosystem. The allocation of the initial 1 Billion COW token supply is as follows:

• CoW DAO Treasury: 44.4%. This significant share underscores the community's central role in the protocol's ongoing development and maintenance.
• Team: 15%, rewarding the individuals who have built and continue to enhance the CoW Protocol.
• GnosisDAO: 10%, recognizing their partnership and collaboration in the CoW Protocol venture.
• CoWmunity Airdrop: 10%, ensuring that early users and contributors are acknowledged and retained.
• CoWmunity Investment: 10%, as an option to increase early users' stakes on the protocol in exchange for a financial contribution to the protocol, fostering engagement and long-term commitment from the broader CoW Protocol community.
• CoW Advisory: 0.6%, rewarding strategic guidance and expertise provided to the protocol.
• Investment Round: 10%, providing necessary funding and financial support for the protocol's growth.

The distributed COW tokens in the form of vCOW for certain stakeholders (advisory, team, investment round, GnosisDAO, and community investment options) are subject to a vesting schedule, unlocking linearly over a period of 4 years that starts at the time of deployment. This vesting mechanism is designed to encourage long-term alignment between the stakeholders and the protocol's success, as the vCOW tokens are non-transferrable until they fully vest, ensuring that the interests of the token holders are closely tied to the health and prosperity of the CoW Protocol.