牛交换是一种分散的交换聚合器，它引入了一项功能，它说将增加其可以处理的交易数量，并为促进交易的人提供更多奖励

牛交换是一个分散的交易所聚合器，将介绍一项功能，它说将增加其可以处理的交易次数，并向那些促进交易的人提供更多奖励。

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.

牛交换是一个分散的交换聚合器，将介绍一项功能，它说，它将增加其可以处理的交易数量，并向那些促进交易的人提供更多奖励。

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.

该功能称为Combinatorial Auctions，将使Solvers（将汇总者的交易的人）首次共同努力，为交易者提供最佳掉期。聚合商是一站式商店，搜索多个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说：“现有系统相当严格，因为只有一个求解器才能赢得每次拍卖，而不同的求解器被迫在零和游戏中竞争。” Canidio说：“只有一个人可以成功，迫使另一个订单等待下一次拍卖。”

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.

在周四通过DAO投票的新系统下，如果存在，则多个求解器将能够提出更有效的解决方案（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.

卡尼迪奥说：“如果一个组合的解决方案为各方创造共享价值，那么它将获胜；否则，不同的求解器可以独立履行不同的订单。”

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

牛道估计，此举可能会使订单吞吐量增加约33％。这很重要，因为DEX聚合器之间的竞争正在加热。

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.

根据Defillama的数据，在过去一周中，牛掉期和竞争对手的聚合器1英寸的颈颈在以太坊上的交易量约为20亿美元。如果Cow交换的新功能可以按预期的预期工作并增加交易吞吐量，则可以帮助它前进。

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.

牛交换在大多数其他去中心化交换和聚合器方面的作用不同。它没有使用流动性池来促进诸如UNISWAP（Crypto：Uni）之类的交易，而是使用对等系统。用户提交交易，然后第三方（解决者）竞争，将购买者与卖方有效地匹配单一交易。该系统的主要好处是，它可以防止交易者成为最大可提取价值或MEV的负面形式的受害者。

"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说：“这项新功能将使解决者能够协作，汇集他们的知识和资源，以设计更好的解决方案，最终导致生态系统提高效率。”

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.

根据牛道的说法，由于更多的解决者能够同时参与牛交换，因此他们可以赚取的平均奖励应增加约25％。

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

虽然这对于求解器来说很棒，但它并不是为协议剪切和干燥。

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.

牛交换求解器在协议的治理令牌牛代币中得到补偿。例如，如果牛掉期在没有相应增加的交易而获得更多的奖励付款，则将损害协议的效率。

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

坎迪奥说，她预计牛交换将从更高的交易吞吐量中受益，而“求解器奖励的增长不那么优势”。

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

简而言之，组合拍卖应该使牛交换效率更高。

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交换表示，它预计对新系统的测试将在5月20日左右开始，并且所有连锁店的完整发射将在6月3日左右发生。