CoW Protocol will shift to a fair combination auction mechanism, starting testing on May 20.

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Foresight News, Cow DAO announced that CoW Protocol will move from a single batch auction to a new core mechanism "Fair Portfolio Auction (FCA)", and the test will begin on May 20, 2025, and it is expected to be fully launched on all chains around June 3, 2025. The FCA is a form of auction that allows order makers to submit multiple solutions, including: individual order bids, bundled bulk bids, allowing the CoW protocol to evaluate more execution paths. For users, FCA will increase the number of orders completed per auction, reduce slippage, and be more MEV resistant; For order matchmakers, the FCA has introduced a new reward logic, which is expected to increase by about 25%.

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