# Swaps

Empower your organization by creating an on-chain proposal on Tally using the Swaps recipe! This tool allows organizations to exchange tokens directly from their treasuries, facilitating treasury diversification. These organization Swaps are powered by [CoW Swap](https://cow.fi).

### Swap Proposal in 5 Steps

1. A organization member formulates a swap proposal, specifying the assets to trade and the amount to sell. The UI provides an [estimated quote](#where-do-the-quotes-come-from) for the trade.
2. After running validations, the recipe prepares [executable](#what-is-in-the-swap-recipe-executable) code – including a call to [Milkman](#what-is-milkman) – for execution upon proposal execution.
3. Upon proposal passage and execution, the proposal puts the Milkman market order on-chain.
4. An offchain [Milkman bot](https://github.com/charlesndalton/milkman-bot) listens for the swap request and forwards it to the CoW protocol.
5. CoW solvers compete to fill the order at the best price.

### *More questions? See* [Swaps: FAQs](/how-to-use-tally/creating-proposals/swaps/swaps-faqs.md)*.*


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