Introducing TWAP Orders and Tiered Fees in Safe{Wallet} Native Swaps

Safe{Wallet} is excited to announce the addition of TWAP Orders and a new tiered fee structure introduced by CoW Protocol for the Native Swaps feature, which now includes a contribution to a license fee supporting Safe community initiatives. This new structure has been introduced to optimize efficiency, security, and cost savings for users. These changes reflect an ongoing commitment to providing the best swapping experience within the Safe{Wallet} ecosystem.

Optimized for Efficiency, Security, and Cost-Savings

Native Swaps leverage CoW Protocol's advanced aggregation to access a vast pool of liquidity across decentralized exchanges and a wide selection of tokens for seamless trades. CoW Protocol’s intent-based swaps minimize the likelihood of errors or expirations common with multi-signature transactions, giving Safe signers greater accuracy and peace of mind.  

Unlike the cryptic data associated with swaps on other platforms, Native Swaps decodes transactions into a clear, understandable format, helping users make informed decisions and avoid costly mistakes.

CoW Protocol’s transaction bundling streamlines swaps, saving gas fees compared to individual transactions on most DEXs, while advanced shielding measures minimize the risk of value being extracted during swaps. CoW Protocol's competitive fee structure ensures lower fees, putting more money back in your pocket, and supports Safe community initiatives and the advancement of smart account adoption. CoW Protocol also excels in securing the best price at execution time, a crucial advantage for multisig transactions. Unlike other DEXes that lock in prices early, CoW Protocol waits for all necessary signatures, ensuring optimal pricing at the moment of execution. This Just-in-Time model avoids outdated pricing, delivering better rates and maximizing value for multisig users.

Introducing TWAP Orders for Enhanced Trading Efficiency

Safe{Wallet} is thrilled to announce a game-changing feature introduced by CoW Protocol for Native Swaps: Time-Weighted Average Price (TWAP) orders. This tool allows you to minimize price impact during large trades by breaking down transactions into smaller, manageable parts. Whether you're dealing with large swaps of popular pairs or exotic assets with low liquidity, TWAP orders can help to ensure that the value of your assets remains stable. By dividing your swaps, TWAP can reduce the risk of significant price impact, optimizing your trading strategy. Additionally, TWAP orders can be effectively used for Dollar Cost Averaging (DCA), allowing you to invest in assets gradually over time, which may reduce the impact of market volatility. Plus, with built-in price protection, your transactions will only execute if market conditions meet your set thresholds, safeguarding against major price fluctuations.

Tiered Fee Structure:

For All Token Pairs (excluding stablecoin-only pairs):

Example: ETH to USDC

For Stablecoin-Only Pairs (USDC/USDT/DAI):

Example: USDC to DAI

_{Note: The fee structure provided above is for informational purposes only and does not constitute a binding agreement. Actual fees are subject to the terms and conditions set by the third-party provider.}

Native Swaps in Safe{Wallet} deliver a secure and user-friendly smart account experience. By using this feature, you're not only enhancing your own trading experience but also contributing to a cycle of growth, governance, and innovation that benefits the entire Safe community.

About Safe{Wallet}

Safe{Wallet} stands as the leading wallet for Safe smart accounts and technology, provided as free open-source software under the GNU General Public License, Version 3. For a comprehensive list of attribution notices for third-party software that may be contained in portions of the Safe{Wallet}, please visit https://app.safe.global/licenses. The website https://app.safe.global is operated by Core Contributors GmbH, Berlin, Germany. Safe{Wallet} is a registered trademark owned by the Safe Ecosystem Foundation. The Safe Ecosystem Foundation does not operate any implementations of Safe{Wallet}. Third parties may hold licenses for the Safe trademark and operate implementations of Safe{Wallet} under the foundation's trademark policy available at https://safe.global/trademark and/or other license agreements.

About Safe 

Safe (previously Gnosis Safe) is an onchain asset custody protocol, securing ~$100 Billion in assets today. Released as on open source software stack by the Safe Ecosystem Foundation, it is establishing a universal ‘smart account standard for secure custody of digital assets, data, and identity. Safe is built for the mission to unlock digital ownership for everyone in web3, including DAOs, enterprises, retail, and institutional users. Website, Twitter, Discord, Blog, GitHub, Docs.

About Native Swaps and CoW Protocol

Native Swaps is a third-party widget built on the CoW Protocol, seamlessly integrated into Safe{Wallet} via an iframe. This feature enables users to execute token swaps directly through their Safe{Wallet}, providing a seamless and efficient experience. CoW Swap (Coincidence of Wants Swap) is a leading decentralized exchange that optimizes trading and reduces slippage. Through batch auction mechanisms, CoW Swap aggregates liquidity from multiple sources, offering users competitive rates. The integration of CoW Swap within Safe{Wallet} allows users to access this prominent DEX effortlessly, enhancing their trading experience within a secure and decentralized environment.

Additional Notes

This announcement is for informational purposes only and does not constitute a binding agreement. Please note that the use of and access to Safe{Wallet} is subject to terms and conditions provided by Core Contributors GmbH, Berlin, Germany. Additionally, the Native Swaps feature within Safe{Wallet} is operated and hosted by a third-party provider and is subject to terms and conditions provided by that third party. Safe{Wallet} itself is not charging any fees; the fees described above are associated with the Native Swaps feature, which is a third-party widget. All transactions using Native Swaps and applicable fees are subject to the terms and conditions set forth by the relevant third parties.

This is not an offer to sell and/or a solicitation of an offer to purchase and/or to swap any SAFE tokens and is not an offering, advertisement, solicitation, confirmation, statement, or any financial promotion that can be construed as an invitation or inducement to engage in any investment activity and/or similar. 

The Safe Ecosystem Foundation does not operate any implementations of Safe{Wallet}. The Safe Ecosystem Foundation makes no representations, warranties and/or covenants with respect to the Safe Technology (or any implementations of the Safe{Wallet} and/or Safe Smart Accounts) or any third-party DeFi protocols, as to their technical properties and/or characteristics or performance, or their actual or potential usefulness or suitability for any particular purpose. You should not rely on the content herein for advice of any kind, including legal, investment, financial, tax, or other professional advice, and such content is not a substitute for advice from a qualified professional.