TechFlow news — On January 28, the Gnosis team released Phase Two of its proposal GIP-13, expanding upon the framework outlined in Phase One and providing detailed recommendations regarding the launch of CoWDAO and its governance token, COW. According to the proposal, the initial supply of COW will be 1 billion tokens: 10% allocated to Gnosis DAO, half of which will linearly vest over four years; 15% to the team; 0.6% to advisors; 10% to external investors; 10% reserved for community airdrops (5% distributed to early users and community members who contributed to the CoW Protocol, and 5% airdropped to GNO token holders); 10% designated for the CoWmunity investment round; and 44.4% assigned to the CoW DAO treasury. The first phase of this proposal previously recommended spinning off the platform from Gnosis and establishing CowSwap as an independent brand.
