On July 3, 2025, Cooking.City officially launched its platform for fair token launches, focusing on ecosystem sustainability and value redistribution.
Sustainability and Value Redistribution System
Cooking.City aims to create a community-focused platform that prioritizes value redistribution rather than extraction. The platform offers users the chance to participate in revenue sharing through referral codes, allowing them to earn rewards in the form of bonuses and points based on the trading activities of those they invite.
Multi-Layered Cooking Points Reward System
The Cooking Points system rewards users for active participation on the platform. To earn points, users can increase their earnings through:
* **Trading on Cooking.City**: Higher trading volume generates more points. High market cap tokens are designated as Michelin Tokens and may provide additional bonuses. * **Referral Programs**: Users can share referral codes and earn up to 10x points multipliers based on the trading activity of their referrals. * **Social Quests**: Liking, commenting, and sharing official posts on social media also earn additional points.
Conviction Pool: Quality Launch Verification Mechanism
Cooking.City implements the Conviction Pool mechanism, which enforces developer accountability and helps traders distinguish quality launches from random ones.
* **Developer Commitment**: To participate, developers can deposit SOL and set a price signaling their confidence in the token. * **Price Drop Protection**: If the token's price drops below a specified level, users can swap their tokens for SOL from the Conviction Pool, acting as insurance against price drops.
With the launch of Cooking.City, a new platform for fair token launches enters the market, creating opportunities for more responsible and quality-driven crypto initiatives.
