"Pennying" as a strategy to win more auctions, and how to deal with it

[prometheus]

I would say there’s more…

@6400

(A) impose technical limitations on pennying itself or (B) deal with the negative externalities caused by pennying: namely consistent selling of CoW tokens to fund the pennying strategy.

C) Slashing via Social Consensus (CoWDAO can slash the respective bonding pool).

If we get to a point where we need to say enough is enough we should do it. Technical solutions are always better but not the only solution.

https://snapshot.org/#/cow.eth/proposal/0x267edf7a0bd3c771cfca763322f011ee106d8d5158612c11da29183260d1dba7

CIP-7: Allowing External Solvers

CIP: 7 title: Allowing External Solvers author: fleupold status: Voting created: 2022-04-18 Update 26/04/2022 This proposal has been moved to the voting phase. Voting is available on cow.eth snapshot here Simple Summary As of March the protocol is rewarding solvers with 100 CoW per solved batch. This has accelerated the interest of the community to participate in the competition and run their own solvers. Currently, solver addresses need to be allow-listed in order for the settlement contra…