BlogAMA Recap: Multi-Token Farming Rules with Filip (CEO & Co-Founder, Cookie3)

AMA Recap: Multi-Token Farming Rules with Filip (CEO & Co-Founder, Cookie3)

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Antoni Boruszak

Marketing Manager

10 Jul '24

Krystyna (CMO) and Filip (CEO & Co-Founder) just wrapped up an awesome Town Hall/Consultation session to dive deep into the future of Multi-Token Farming Rules. This AMA was your chance to get the inside scoop on upcoming developments and be a part of developing and contributing to the farming mechanisms. Want to know more? Let's break it down!

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Key Highlights from the AMA: 

#1 Structure and Mechanics

Filip spilled the tea on how multi-token farming will work, explaining how you can score rewards based on how much and how long you stake your tokens. Imagine it like this: the more $COOKIE seeds you plant (stake), and the longer you tend to them, the more delicious rewards you'll harvest in the form of a variety of Multi-Tokens. 

Plus, get this – COOKIE DAO is introducing a sweet $COOKIE point system that will level you up into tiers, giving you access to exclusive airdrops. Intrigued?

#2 Rationale Behind Raffle System

The team dished on why they're going with a raffle system for rewards. Here's the deal: instead of everyone getting a tiny slice of the pie, this system lets Cookie DAO offer substantial airdrops to winners rather than spreading rewards thinly – It's also about rewarding those who go the extra mile and become truly invested in the cookie community.

#3 Eligibility and Participation 

The community raised concerns about fairness and eligibility criteria. It was clarified that all current stakers, including those from airdrop pools, are eligible for multi-token farming opportunities. Staking $COOKIE in designated pools will enable users to participate in specific token airdrops. Did you know? $ABYSS, $LINGO and $QUOTO Airdrops for $COOKIE Stakers have already been confirmed. 

#4 Launch and Roadmap

The burning question on everyone's mind was: "When will we be able to farm these tokens?” The crew explained that launch dates depend on partner agreements and market conditions but the efforts are ongoing to bring on top-tier projects. Make sure you follow @Cookie3_com (hyperlink) on X and keep a close eye on the announcements. 

#5 Community Involvement

This session made it clear that this is a collaborative effort. Cookie DAO looking to you, the community, to weigh in through focus groups and feedback channels. Your ideas will help fine-tune the $COOKIE point system and other farming mechanics. That's right, you get to be part of building this thing together – DAO-style development. 

TL:DR 

All these topics were highlighted: 

  • $COOKIE Point System: Earn points for staking, unlocking tiers with exclusive airdrop access.
  • Raffle System: Earn a chance at bigger rewards instead of small slices for everyone.
  • Eligibility: All current stakers are eligible, including airdrop pools.
  • Launch: Dates depend on partnerships and market conditions, follow @Cookie3_com for updates.
  • Community Involvement: Help shape the program through feedback and focus groups.
  • Staking Rewards: More $COOKIE staked and longer commitment = bigger rewards.

Watch the entire session here: https://www.youtube.com/watch?v=_B8xVEWupdY