Original Title: "Interpretation of the New Incentive Model: Up to 20% Cookie Snaps Rewards Directly to COOKIE Stakers"
Original Author: Asher, Odaily Planet Daily
The "Mouth Lick" platform Cookie Dao has finally linked the activity rewards of the Cookie Snaps collaboration project with the earnings of token stakers. This morning, Cookie DAO announced on platform X that starting today, 10% to 20% of each Cookie Snaps activity reward pool will be allocated 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 associate with Cookie Snaps and introduce a COOKIE token burn mechanism.
As many community members expressed disappointment over the poor performance of Cookie Snaps' first collaboration project, Spark, Cookie DAO is continuously introducing more high-quality collaboration projects while attempting to enhance the platform's appeal by linking Cookie Snaps activity rewards with COOKIE token stakers. So, with Bitcoin breaking historical highs and the market for popular altcoins heating up, can the COOKIE token leverage this momentum to achieve a price leap and drive the platform towards a positive cycle?
MAF Staking Pool Participation Process and Points Rules
Introducing the MAF Pool, obtaining 10% to 20% of Cookie Snaps collaboration project rewards
Currently, Cookie Dao is transitioning from Phase 0 of staking and MAF (Multi-Airdrop Farming) to Phase 1, where the system will gradually unify access with cookie.fun and Cookie Snaps. The two important points regarding the introduced MAF pool are:
Next, 10% to 20% of the total rewards from each Cookie Snaps collaboration project will be allocated to COOKIE token stakers;
The MAF pool only generates Cookie Points.
In simple terms, the current staking pool will no longer generate token rewards, and to receive airdrop rewards from Cookie Snaps collaboration projects, staked tokens must be deposited into the MAF pool (currently not launched).
How to Participate in Staking into 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 Staking Website
STEP 2. Choose the staking ratio for entering the MAF pool from the staked tokens (the official has not yet launched this part of the staking pool).
STEP 3. Complete the social tasks required by Snaps partners (which are easy to complete).
By completing the above three steps, you can receive airdrop amounts proportional to the locked tokens. Specifically, the points calculation for staking in the MAF pool is similar to before: Cookie Points = Staked Amount × Lock Pool Time Multiplier. According to the latest staking rules, in addition to the four staking pools mentioned above (30, 90, 180, 365 days), the MAF pool will also open a staking pool with a lock-up period of 14 days, with different lock-up period point multipliers as follows:
· Lock-up period of 14 days: 0.5 times;
· Lock-up period of 30 days: 1 time;
· Lock-up period of 90 days: 2 times;
· Lock-up period of 180 days: 3 times;
· Lock-up period of 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 unlocking COOKIE tokens in the MAF pool, 10% of the locked tokens must be burned as a handling fee.
Current Staking Situation of COOKIE Tokens on the Platform
According to official data, there are a total of 4 different lock-up period staking pools for COOKIE tokens (calculated separately for BNB Chain and Base Chain), with a staking token cap of 5 million for each lock-up period. Currently, the 90-day lock-up staking pool on BNB Chain has staked 4.95 million tokens, nearing the staking cap; the 30-day and 365-day staking pools have also exceeded half of the maximum staking amount, with 2.79 million and 2.75 million tokens respectively; the 180-day staking pool has the lowest participation, with a staking amount of 572,000 tokens, only reaching 11% of the maximum staking amount. The 90-day lock-up staking pool on Base has staked 4.92 million tokens, also nearing the staking cap; additionally, from high to low, the staking amounts for 365 days, 30 days, and 180 days are 1.11 million, 310,000, and 250,000 tokens respectively.
Staking Situation of COOKIE Tokens with Different Lock-up Periods (BNB Chain)
Staking Situation of COOKIE Tokens with Different Lock-up Periods (Base)
Overall, COOKIE stakers are not only seeking higher staking point multipliers but also have confidence in the platform's continuous introduction of quality projects, thus they tend to choose long-term lock-up. Therefore, 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 the activity rewards from Cookie Snaps collaboration projects, which deeply binds stakers to the ecological value of the platform and endows COOKIE tokens with the ability to continuously capture the value of external projects.
With the upcoming launch of the MAF pool, users may have increased motivation to stake COOKIE for airdrops, leading to a rise in token demand and further strengthening the community's confidence in the expectation of rising token prices. Once the token price strengthens, the platform's attention and discussion on social media will rapidly increase, attracting more quality projects to seek collaboration, further enriching the rewards of Cookie Snaps.
In the positive cycle of "rising token prices—enhanced discussion—more project collaborations—increased airdrop earnings—attracting more stakers—further token price increases," the value of COOKIE tokens continues to rise. 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.
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