Cooking.City Revolutionizes Solana Fair Launches with Value Redistribution

Cooking.City Revolutionizes Solana Fair Launches with Value Redistribution
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Cooking.City, a new fair-launch platform on Solana, is redefining token launches with a focus on value redistribution and community incentives. Backed by institutional investors like Jump and CMT Digital, the platform introduces innovative mechanisms to align traders and developers. Its unique features include a referral system, Cooking Points, and the Conviction Pool to ensure quality launches.

  • Cooking.City's referral system shares platform revenues with users, offering fee rebates and points based on invitees' trading activity.
  • The Cooking Points system rewards users for trading, referrals, and social engagement, with multipliers for high-volume trades and Michelin Tokens.
  • The Conviction Pool requires developers to deposit SOL, acting as a price protection mechanism and filtering out low-effort launches.
Related Tags: Solana
Other Tags: DeFi, Jump
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