Cookie Dao Update: Airdrop to be Pegged to Staking Rewards, Value Capture Enters New Phase?
Staking in the MAF Pool allows you to earn generous rewards, but requires destroying 10% of the staked tokens upon unlocking. Would you still participate?
Original Title: "New Incentive Model Decoded: Up to 20% Cookie Snaps Reward Straight to COOKIE Stakers"
Original Author: Asher, Odaily Planet Daily
The "Mouth-Fed" platform Cookie Dao has finally linked the activity rewards of the Cookie Snaps collaboration project to 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 distributed to COOKIE token stakers through the Cookie Multi-Airdrop Farming mechanism. Additionally, COOKIE token staking and Multi-Airdrop Farming are being redesigned to better align with Cookie Snaps and introduce a COOKIE token burning mechanism.
At a time when many community members were disappointed by the poor performance of Cookie Snaps' first collaboration project, Spark, Cookie DAO continues to introduce more high-quality collaboration projects. By linking the Cookie Snaps activity rewards to COOKIE token stakers in this latest move, the platform seeks to enhance its attractiveness. So, in the current environment of Bitcoin breaking new all-time highs and the hot market for popular altcoins, can the COOKIE token take advantage and achieve a price surge, driving the platform towards a positive cycle?
MAF Staking Pool Participation Process and Point Rules
Introducing MAF Pools to Receive 10% to 20% of Cookie Snaps Collaboration Project Rewards
Currently, Cookie Dao is transitioning from Phase 0 to Phase 1 of staking and MAF (Multi-Airdrop Farming). The system will gradually align with cookie.fun's access and Cookie Snaps, and the key points introduced in the MAF pools are:
10% to 20% of the total rewards in each upcoming 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 the Cookie Snaps collaboration project's airdrop reward, you need to stake your tokens in the MAF pool (currently not live).
How to Participate in Staking in the MAF (Multi-Airdrop Farming) Pool
STEP 1. Go to the COOKIE Token Staking website, connect your wallet, and select the network.
COOKIE Token Staking Website
STEP 2. Choose the staking ratio to enter the MAF pool with your staked tokens (this part of the staking pool is not officially live yet).
STEP 3. Complete the social tasks required by the Snaps partners (easy to accomplish).
By completing the above three steps, you will receive an airdrop amount proportional to your locked tokens. Specifically, the point calculation for staking in the MAF pool is similar to before: Cookie Points = Staked Amount × Time Multiplier of the Lockup Pool. According to the latest staking rules, besides the 4 staking pools mentioned earlier (30, 90, 180, 365 days), the MAF pool will also open a 14-day lockup staking pool, with different lockup period point multipliers as follows:
· 14-day lockup: 0.5x;
· 30-day lockup: 1x;
· 90-day lockup: 2x;
· 180-day lockup: 3x;
· 365-day lockup: 5x.
Therefore, stakers with more Cookie Points in the MAF pool will receive more token airdrops in the Cookie Snaps pool. Lastly, it is worth mentioning that 10% of the locked token will be burned as a fee when the COOKIE tokens in the MAF pool are unlocked.
Current Platform COOKIE Token Staking Status
According to official data, there are a total of 4 COOKIE token staking pools with different lock-up periods (calculated separately for BNB Chain and Base Chain), and the staking token limit for each lock-up period is 5 million tokens. Currently, the 90-day lock-up staking pool on the BNB Chain has staked 4.95 million tokens, nearing the staking limit; the 30-day and 365-day staking pools have also surpassed half of the maximum staking amount, with 2.79 million tokens and 2.75 million tokens staked, respectively; the 180-day staking pool has the lowest participation, with 572,000 tokens staked, reaching only 11% of the maximum staking amount. On the Base Chain, the 90-day lock-up staking pool has staked 4.92 million tokens, also nearing the staking limit; additionally, in descending order, the staking amounts for the 365-day, 30-day, and 180-day tokens are 1.11 million, 310,000, and 250,000 tokens, respectively.
COOKIE Token Staking Status for Different Lock-up Periods (BNB Chain)
COOKIE Token Staking Status for Different Lock-up Periods (Base Chain)
Overall, COOKIE stakers are seeking both higher staking multiplier scores and have confidence in the platform's continuous introduction of high-quality projects, so they tend to prefer long-term lock-ups. Therefore, these long-term stakers may directly lock their tokens into the MAF pool.
Activating the Token Flywheel Effect, COOKIE is Poised to Enter a New Stage
COOKIE stakers will directly receive a 10% to 20% bonus from Cookie Snaps's partner projects, aligning stakers closely with the platform's ecosystem value and empowering the COOKIE token to continually capture external project value.
With the upcoming launch of the MAF pool, users may be more incentivized to stake COOKIE to receive airdrops, increasing token demand and reinforcing price expectations. Once the token price strengthens, community confidence will further boost social media engagement and discussions, attracting more high-quality projects seeking collaboration and enriching Cookie Snaps's rewards.
In the positive cycle of "price increase - heightened discussions - increased project collaborations - enhanced airdrop benefits - attracting more stakers - further token appreciation," the value of the COOKIE token continues to rise. For Cookie DAO, this represents both an evolutionary attempt at ecosystem linkage mechanisms and a crucial step in building stronger user stickiness and project attractiveness.
Original Article Link
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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