CoW Protocol initiates a proposal to adjust computing node rewards and seeks to increase budget support by 8 million COW

CoW Protocol launched a proposal to adjust the rewards for computing nodes on Snapshot. The proposal suggests reducing the quote reward for each order from 9 COW to 6 COW and introducing a 0.0006 ETH upper limit for each quote reward. In addition, given the relative increase in COW price compared to ETH, the proposal suggests increasing the performance reward upper limit for each settlement from 0.01 ETH to 0.012 ETH to incentivize computing nodes to optimize execution efficiency.

The proposal adjusts the weekly budget for computing node competition from 306,307 COW to 250,000 COW, with a consistent reward absolute upper limit of 6 ETH. The total budget goal for weekly rewards is 300,000 COW and requests DAO to provide support of 8 million COW. This adjustment is expected to last for 6 months.