CoW ProtocolCOW

Token incentives measures the value of native COW assets distributed to supply-side participants and core stakeholders. For CoW Protocol, this primarily includes solver rewards paid to participants for executing batches, as well as the linear unlocking of vested allocations for core contributors and investors. Token incentives can be decomposed in Solver Rewards (part of Cost of revenue) and Core contributors and investors allocations (part of Operational Expenses). These incentives are analogous to stock-based compensation and are converted to USD using market prices or historical fallback values.Learn more