牛交換是一種分散的交換聚合器，它引入了一項功能，它說將增加其可以處理的交易數量，並為促進交易的人提供更多獎勵

牛交換是一個分散的交易所聚合器，將介紹一項功能，它說將增加其可以處理的交易次數，並向那些促進交易的人提供更多獎勵。

CoW Swap, a decentralized exchange aggregator, is set to introduce a feature that it says will boost the number of transactions it can handle and offer more rewards to those who facilitate trades.

牛交換是一個分散的交換聚合器，將介紹一項功能，它說，它將增加其可以處理的交易數量，並向那些促進交易的人提供更多獎勵。

The feature, called Combinatorial Auctions, will let solvers, those who route trades for the aggregator, work together for the first time to offer traders the best swaps. Aggregators are one-stop shops that search multiple DEXs to find the one that offers the most cost-efficient trades.

該功能稱為Combinatorial Auctions，將使Solvers（將匯總者的交易的人）首次共同努力，為交易者提供最佳掉期。聚合商是一站式商店，搜索多個DEX，以找到提供最具成本效益的交易的商店。

“The existing system is rather rigid because only a single solver can win each auction, and different solvers are forced to compete in a zero-sum game, ” said Canidio, adding that "only one can succeed, forcing the other order to wait for the next auction."

Canidio說：“現有系統相當嚴格，因為只有一個求解器才能贏得每次拍賣，而不同的求解器被迫在零和遊戲中競爭。” Canidio說：“只有一個人可以成功，迫使另一個訂單等待下一次拍賣。”

Under the new system, which passed a DAO vote on Thursday, multiple solvers will be able to propose more efficient solutions to pending orders, if they exist.

在周四通過DAO投票的新系統下，如果存在，則多個求解器將能夠提出更有效的解決方案（如果存在）。

"If a combined solution creates shared value for all parties, it wins; otherwise, different solvers can fulfill different orders independently," Canidio said.

卡尼迪奧說：“如果一個組合的解決方案為各方創造共享價值，那麼它將獲勝；否則，不同的求解器可以獨立履行不同的訂單。”

CoW DAO estimates the move could increase order throughput by around 33%. That’s significant, as competition among DEX aggregators is heating up.

牛道估計，此舉可能會使訂單吞吐量增加約33％。這很重要，因為DEX聚合器之間的競爭正在加熱。

Over the past week, CoW Swap and rival aggregator 1inch have been neck-and-neck at around $2 billion in trading volume each on Ethereum, according to DefiLlama data. If CoW Swap’s new feature works as predicted and increases trading throughput, it could help it pull ahead.

根據Defillama的數據，在過去一周中，牛掉期和競爭對手的聚合器1英寸的頸頸每種交易量約為20億美元。如果Cow交換的新功能可以按預期的預期工作並增加交易吞吐量，則可以幫助它前進。

CoW Swap works differently to most other decentralized exchanges and aggregators. Instead of using liquidity pools to facilitate trades, like Uniswap (CRYPTO: UNI), it uses a peer-to-peer system. Users submit trades then third parties — solvers — compete to match buyers with sellers efficiently in a single transaction. The main benefit of this system is that it prevents traders falling victim to negative forms of maximal extractable value, or MEV.

牛交換在大多數其他去中心化交換和聚合器方面的作用不同。它沒有使用流動性池來促進諸如UNISWAP（Crypto：Uni）之類的交易，而是使用對等系統。用戶提交交易，然後第三方（解決者）競爭，將購買者與賣方有效地匹配單一交易。該系統的主要好處是，它可以防止交易者成為最大可提取價值或MEV的負面形式的受害者。

"This new feature will enable solvers to collaborate, pooling their knowledge and resources to devise even better solutions, ultimately leading to greater efficiency for the ecosystem," Canidio said.

Canidio說：“這項新功能將使解決者能夠協作，匯集他們的知識和資源，以設計更好的解決方案，最終導致生態系統提高效率。”

With more solvers able to participate on CoW Swap at the same time, the average rewards they can earn should increase by around 25%, according to CoW DAO.

根據牛道的說法，由於更多的解決者能夠同時參與牛交換，因此他們可以賺取的平均獎勵應增加約25％。

While that’s great for solvers, it isn’t so cut and dried for the protocol.

雖然這對於求解器來說很棒，但它並不是為協議剪切和乾燥。

Cow Swap solvers are compensated in COW tokens, the protocol’s governance token. If, for example, CoW Swap pays out more in rewards without a commensurate amount of increased trading, it will hurt the protocol’s efficiency.

牛交換求解器在協議的治理令牌牛代幣中得到補償。例如，如果牛掉期在沒有相應增加的交易而獲得更多的獎勵付款，則將損害協議的效率。

Canidio said she expects CoW Swap to benefit from higher transaction throughput with “a less-than-proportional rise in solver rewards.”

坎迪奧說，她預計牛交換將從更高的交易吞吐量中受益，而“求解器獎勵的增長不那麼優勢”。

Simply put, Combinatorial Auctions should make CoW Swap more efficient.

簡而言之，組合拍賣應該使牛交換效率更高。

CoW Swap says it expects testing of the new system to start around May 20, and the full launch on all chains to happen around June 3.

Cow交換錶示，它預計對新系統的測試將在5月20日左右開始，並且所有連鎖店的完整髮射將在6月3日左右發生。