Topic: Use cowswap if you don't have ether to pay fees on other dexes (Read 168 times)
airdropped vcow can be converted to cow and tradeable: https://cow-protocol.medium.com/cow-token-is-moving-forward-at-full-speed-d9f047a23b57
February 18, 2022, 02:58:23 AM
I believe no but all traders like it if they are paying less fee most especially if your a poor trader. Have not visit cowswap yet but if its look like etherdelta, that's great as I already use this exchange before.
Its like you are paying the tokens you earned. Bounty tokens are good for this however knowing cowswap new platform, which is made for traders and not for any token that havent any use case at all. For sure only tokens with good liquidity will be used here or listed. Ive never checked it yet too but it seems they got a hype since most CT Ive saw are following it and even posting about it.
February 17, 2022, 02:06:19 PM
What title says really, cowswap is fork of uniswap and allows you to pay fees in token you are trading.
https://cowswap.exchange/
Thats enticing since most dont want to spend their eth or any L1 to pay for fees. This is etherdelta style before, gone the days they are still the top dex. I think cowswap introducing a good idea here and also many traders gonna like it especially those who love to trading using mininal fees. But do they have ratio of the fee? Or fixed amount whether it could be deducted? Example like 0.005eth worth of tokens as fee or how do they based the fee? https://cowswap.exchange/
I believe no but all traders like it if they are paying less fee most especially if your a poor trader. Have not visit cowswap yet but if its look like etherdelta, that's great as I already use this exchange before.
February 14, 2022, 07:48:36 PM
Yes like this and how much you pay depends on ethereum traffic.
But this still does not eliminate the fact that traders have to pay the insane gas fees for the token internal transfers or smart contract call when a trade is being executed, right? February 14, 2022, 01:58:04 AM
What title says really, cowswap is fork of uniswap and allows you to pay fees in token you are trading.
https://cowswap.exchange/
Thats enticing since most dont want to spend their eth or any L1 to pay for fees. This is etherdelta style before, gone the days they are still the top dex. I think cowswap introducing a good idea here and also many traders gonna like it especially those who love to trading using mininal fees. But do they have ratio of the fee? Or fixed amount whether it could be deducted? Example like 0.005eth worth of tokens as fee or how do they based the fee? https://cowswap.exchange/
February 11, 2022, 08:49:00 PM
Claim is live, find details here: https://cow-protocol.medium.com/cows-together-strong-welcome-vcow-token-to-the-cow-ecosystem-7689c4391373
They are doing airdrop, check if you are eligible: https://mobile.twitter.com/MEVprotection/status/1487140264766586888
It sounds like the old school dex Etherdelta, in terms of charging trading fees 
But with so many copycat "Decentralized exchanges" and shitcoins. I suggest people be very careful while using them. Some are just created to steal tokens from your wallet.
But with so many copycat "Decentralized exchanges" and shitcoins. I suggest people be very careful while using them. Some are just created to steal tokens from your wallet.
whether it's decentralized or not, using an exchange always put your asset to risk. i agree that using a beta/alpha product is riskier than usual, and it probably takes months before the product is stable. but hey, it's your choice. use another wallet to trade to reduce the risk, it might be a great deal for some people since it saves a lot of fees.
While both of them are forks of Uniswap, it looks like they work differently. Based on the faqs, sounds like Cowsap uses some centralized part for the order engine since they claim they don't use AMM. Quickswap on the other hand is an L2 solution, at least that's what I understand from their pitch. Keep in mind that both of them are still in the early stage, if you want to use them, use a throwaway wallet instead of your main one.
I wonder about the trustworthy of this swap, it's still new and no any review about it. However, quickswap [1] also similar like you mentioned above (fork of uniswap and use token fees) much better regarding the fees, pairs, token listed, and reputation.
[1] https://quickswap.exchange/
[1] https://quickswap.exchange/
What title says really, cowswap is fork of uniswap and allows you to pay fees in token you are trading.
https://cowswap.exchange/
https://cowswap.exchange/
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