PANews
PANews|Apr 24, 2026 01:50
[CoW DAO Proposes Discretionary Grant Program to Compensate Victims of Domain Hijacking Incident] According to the official governance page, CoW DAO has proposed a discretionary grant program to compensate victims of the April 14 cow.fi domain hijacking incident, where malicious transactions were signed, resulting in financial losses. The proposal suggests a one-time allocation from the legal defense reserve fund to provide eligible users with up to 100% compensation for their losses. Users must submit applications via help@cow.fi by May 14, and their wallets must have previously used CoW Swap for transactions before the incident and signed malicious messages or transactions on a phishing site impersonating CoW Swap. This grant is issued voluntarily and does not constitute an admission of any legal liability by CoW DAO. The proposal requires approval through a governance vote to take effect, with the voting period scheduled from April 30 to May 7, and all grants are expected to be distributed by May 31.
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