Cooking.City, a newly launched platform for fair token launches, emphasizes sustainable development and value redistribution.
Value Redistribution in Token Launches
Cooking.City focuses on community support and creating opportunities for value redistribution. The new referral bonus system allows users to earn rewards based on the trading activity of their referred users. Cooking.City has not launched its token but aims to attract users through airdrops.
Cooking Points System
The Cooking Points system provides a multi-layered incentive structure for actively engaged users. Users can earn points for trading, participating in referral programs, and completing social tasks. Personal dashboards are updated daily, showing points history and reward rules.
Conviction Pool: Developer Accountability
The Conviction Pool is a mechanism that helps distinguish quality launches from random ones. Developers can deposit SOL and set a price to demonstrate their conviction in the token. If the token's price falls, users can exchange it for SOL from the conviction pool, serving as insurance for traders.
Cooking.City aims to create a sustainable ecosystem for token launches and investors. The platform proposes new approaches to value distribution and the establishment of quality projects in the cryptocurrency space.
