Updated for new quote rewards according to CIP-88 - #664
Open
Architsharma7 wants to merge 4 commits into
Open
Architsharma7 wants to merge 4 commits into
Architsharma7 wants to merge 4 commits into
Conversation
|
The latest updates on your projects. Learn more about Vercel for GitHub.
|
Contributor
|
Important
This repository does not receive automatic reviews because it has fewer than 10 stars. ⚙️ Run configurationConfiguration used: defaults Review profile: CHILL Plan: Advanced Run ID:
Thanks for using CodeRabbit! It's free for OSS, and your support helps us grow. If you like it, consider giving us a shout-out. Comment |
Architsharma7
force-pushed
the
quote-reward-revamp
branch
from
September 25, 2026 14:48
8d306db to
46b5804
Compare
fleupold
reviewed
Sep 25, 2026
fleupold
reviewed
Sep 30, 2026
fleupold
approved these changes
Oct 2, 2026
fleupold
left a comment
fleupold
left a comment
Contributor
There was a problem hiding this comment.
Two small nits remaining
| The price estimation competition is a separate competition where solvers provide the best response to a quote request. Quote requests look almost identical to single-order batch auctions, where there is only one order with a trivial limit price, and solvers propose executions of this order with the goal to maximize "out amount minus gas costs" in the case of a sell request, or minimize "in amount + gas costs" in the case of a buy request. | ||
|
|
||
| As specified in [CIP-27](https://snapshot.org/#/cow.eth/proposal/0x64e061568e86e8d2eec344d4a892e4126172b992cabe59a0b24c51c4c7e6cc33), [CIP-36](https://snapshot.org/#/cow.eth/proposal/0x4e58f9c1208121c0e06282b5541b458bc8c8b76090263e25448848f3194df986) [CIP-57](https://snapshot.box/#/s:cow.eth/proposal/0x46d4fea1492207cf400fcb7a01141a7d4c730791d658cc77236941fc9eb7dccb), and [CIP-72](https://snapshot.box/#/s:cow.eth/proposal/0xc1b1252f0c99126b4e09730022faa31a7bb58073a3dc064c19b74d44164c39a7), a solver that provides the best quote to an order that is then submitted is rewarded if and only if all of the following conditions are satisfied: | ||
| As specified in [CIP-88](https://snapshot.box/#/s:cow.eth/proposal/0x3fc7dc270f3e315e9bc2449bf9f5d0288046125f82b9b140b5866c2886fe71ac), quote rewards are paid from a dedicated budget targeting 10% of protocol revenue per chain, separate from the performance and consistency reward budget. |
Contributor
There was a problem hiding this comment.
CIP-88 doesn't specify a target per chain (this is one of our interpretations). We should therefore mention the per chain part below when we explain how the budget it computed.
|
|
||
| where, again, the conversion from native token to COW is done by using an up-to-date price (specifically, the average native token/COW Dune prices of the past 24h before the payout are used to determine these exchange rates). | ||
| The core team has a mandate to change how the quote reward budget is allocated among solvers, if needed, to strengthen the quote competition. | ||
| Any change to the allocation is announced to solvers in advance and reflected in this documentation. |
Contributor
There was a problem hiding this comment.
Let's maybe cut that sentence
Suggested change
| Any change to the allocation is announced to solvers in advance and reflected in this documentation. |
This branch had an error being deployed
This file contains hidden or bidirectional Unicode text that may be interpreted or compiled differently than what appears below. To review, open the file in an editor that reveals hidden Unicode characters.
Learn more about bidirectional Unicode characters
Sign up for free
to join this conversation on GitHub.
Already have an account?
Sign in to comment
2 participants
Add this suggestion to a batch that can be applied as a single commit.This suggestion is invalid because no changes were made to the code.Suggestions cannot be applied while the pull request is closed.Suggestions cannot be applied while viewing a subset of changes.Only one suggestion per line can be applied in a batch.Add this suggestion to a batch that can be applied as a single commit.Applying suggestions on deleted lines is not supported.You must change the existing code in this line in order to create a valid suggestion.Outdated suggestions cannot be applied.This suggestion has been applied or marked resolved.Suggestions cannot be applied from pending reviews.Suggestions cannot be applied on multi-line comments.Suggestions cannot be applied while the pull request is queued to merge.Suggestion cannot be applied right now. Please check back later.
Updates the price estimation competition (quote) rewards section of the solver rewards page to reflect CIP-88.
Remaining tasks: