Original | Odaily Planet Daily ( @OdailyChina )
Author | Asher ( @Asher_0210 )
Cookie DAO, a mouth-sucking platform, has finally tied the activity rewards of the Cookie Snaps cooperation project to the income of token stakers. This morning, Cookie DAO announced on the X platform that from now on, 10 to 20% of each Cookie Snaps activity reward pool will be distributed to COOKIE token stakers through the Cookie Multi-Airdrop Farming mechanism. In addition, COOKIE token staking and Multi-Airdrop Farming are being redesigned to better link with Cookie Snaps and introduce a COOKIE token destruction mechanism.
While many community members were disappointed by the poor performance of Spark, the first Cookie Snaps cooperation project, Cookie DAO continued to introduce more high-quality cooperation projects on the one hand, and on the other hand, it linked the Cookie Snaps activity rewards to COOKIE token stakers this time to try to enhance the platforms attractiveness. So, at a time when Bitcoin has broken through historical highs and popular altcoins are hot, can COOKIE tokens take advantage of this opportunity to achieve a price leap and drive the platform into a positive cycle?
MAF Staking Pool Participation Process and Points Rules
Introducing the MAF pool to receive 10% to 20% of Cookie Snaps partnership rewards
Currently, Cookie Dao is moving from Phase 0 of staking and MAF (Multi-Airdrop Farming) to Phase 1. The system will gradually unify the access rights of cookie.fun and Cookie Snaps. The two important points of the introduced MAF pool are:
Next, 10% to 20% of the total rewards from each Cookie Snaps collaboration project will be distributed to COOKIE token stakers;
The MAF pool only generates Cookie Points.
In laymans terms, the current staking pool will no longer generate token income, and in order to obtain airdrop rewards from the Cookie Snaps partnership project, the staked tokens need to be deposited into the MAF pool (currently not online).
How to participate in staking and enter the MAF (Multi-Airdrop Farming) pool
STEP 1. Go to the COOKIE token staking website (link: https://www.cookie.community/staking ), connect your wallet and select the network.
COOKIE TOKEN SLAYING WEBSITE
STEP 2. Select the staking ratio of the staked tokens to enter the MAF pool (the official staking pool for this part has not yet been launched).
STEP 3. Complete the social tasks required by Snaps partners (very easy to complete).
After completing the above three steps, you can get the airdrop amount proportional to the locked tokens. Specifically, the calculation of points for staking to the MAF pool is similar to the previous one, which is: Cookie Points = Staking amount × Time multiplier of the lockup pool. According to the latest staking rules, in addition to the 4 staking pools (30, 90, 180 , 365 days) described above, the MAF pool will also open a staking pool with a lockup period of 14 days. The point multipliers for different lockup periods are:
Lock-up period of 14 days: 0.5 times;
Lock-up period 30 days: 1x ;
Lock-up period 90 days: 2 times;
Lock-up period 180 days: 3 times;
Lock-up period 365 days: 5 times.
Therefore, stakers with more Cookie Points will receive more token airdrops in the Cookie Snaps pool. Finally, it is worth mentioning that when the COOKIE tokens in the MAF pool are unlocked, 10% of the locked tokens must be destroyed as a handling fee.
Current platform COOKIE token staking status
According to official data, there are 4 official COOKIE token staking pools with different lock-up periods (BNB Chain and Base chain are calculated separately), and the upper limit of the staking tokens in each lock-up period is 5 million. At present, the staking pool with a lock-up period of 90 days on BNB Chain has pledged 4.95 million tokens, which is about to reach the upper limit of staking; the staking pools of 30 days and 365 days have also exceeded half of the maximum staking amount, which are 2.79 million and 2.75 million respectively; the staking pool of 180 days has the lowest participation, with a staking amount of 572,000 tokens, which is only 11% of the maximum staking amount. The staking pool with a lock-up period of 90 days on Base has pledged 4.92 million tokens, which is also about to reach the upper limit of staking; in addition, from high to low, the staking amount of tokens for 365 days, 30 days, and 180 days is 1.11 million, 310,000 , and 250,000 respectively.
COOKIE token staking status at different lock-up periods (BNB Chain)
COOKIE token staking status at different lock-up periods (Base)
Overall, COOKIE stakers prefer long-term lock-up in order to obtain higher stake point multipliers and based on their confidence in the platforms continued introduction of high-quality projects. Then, these long-term stakers may directly lock their tokens into the MAF pool.
Activating the token flywheel effect, COOKIE is expected to enter a new stage
COOKIE token stakers will directly receive 10% to 20% of activity rewards from Cookie Snaps partner projects. This mechanism deeply binds stakers to the platforms ecological value and also gives COOKIE tokens the ability to continuously capture the value of external projects.
With the upcoming launch of the MAF pool, users may be more motivated to stake COOKIE to obtain airdrops, and the demand for tokens will increase accordingly. The expectation of rising token prices will further strengthen community confidence. Once the token price strengthens, the platforms attention and discussion on social media will rise rapidly, attracting more high-quality projects to actively seek cooperation and further enrich the rewards of Cookie Snaps.
In the positive cycle of coin price increase - increased discussion - more project cooperation - increased airdrop income - attracting more stakers - further increase in token value, the value of COOKIE tokens continues to increase. For Cookie DAO, this is not only an evolutionary attempt of the ecological linkage mechanism, but also a key step in building stronger user stickiness and project attractiveness.
