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gogonimagomfw78
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Update solvers.md (#300)
# Description <!--- Describe your changes to provide context for reviewers, including why it is needed --> # Changes <!-- List of detailed changes (how the change is accomplished) --> - [ ] ... - [ ] ... <!-- ## Related Issues Fixes # --> --------- Co-authored-by: mfw78 <[email protected]>
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docs/cow-protocol/concepts/introduction/solvers.md

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@@ -10,10 +10,10 @@ CoW Protocol delivers optimal price outcomes by leveraging an open solver compet
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Solvers are bonded third parties that execute trades on behalf of users through an [intent-based delegated execution model](intents).
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Once a user submits an [intent](intents), the protocol groups it alongside other intents in a batch.
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Once a user submits an [intent](intents), the protocol groups it alongside other intents in a batch auction.
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As soon as a batch is "closed for orders", meaning that it stops considering new orders, the protocol runs a [competition](/cow-protocol/reference/core/auctions) where solvers submit solutions for the intents in the batch.
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Whichever solver offers the best [solution](/cow-protocol/reference/core/auctions/the-problem#solution) for the batch (defined as the solver that provides the most surplus to user orders) gets to execute the orders.
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Whichever solver offers the best [solution](/cow-protocol/reference/core/auctions/the-problem#solution) for the batch auction (defined as the solver that provides the most surplus to user orders) gets to execute the orders.
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Solvers are compensated in COW tokens for settling batches, incentivizing them to compete to find better prices and win the right to execute user intents.
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