Did you hear? 👂
CoW Protocol made a seismic jump in how it conducts its batch auctions. ✨
Say hello to FCBAs. 👋
They're a pretty big deal.
Let us explain. 🤔
🧵
FCBAs make things faster. Much faster.
🏃♀️
Instead of matching one order at a time, fair combinatorial batch auctions allow multiple trades to be matched simultaneously.
That means faster trades, and lower fees. 🤑
Faster trades also mean fairer ones, too.
While solvers can now submit bids for individual trades and bundles of trades, a bundled bid only gets accepted if it makes everyone involved better off.
No sneaky wins for one trader at the expense of another. 👹
The result? 👀
FCBAs bring:
- Greater price fairness
- Lower execution costs
- MEV free trading
- Faster settlement
Head to CoW Swap to take advantage. 👀
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