The Good Tech Companies - Cooking.City Bringing Back Value Redistribution To Solana Fair Launches

Episode Date: July 3, 2025

This story was originally published on HackerNoon at: https://hackernoon.com/cookingcity-bringing-back-value-redistribution-to-solana-fair-launches. Today, Cooking.City fully launched, revealing its core mechanisms and points system to better align incentives between traders and developers while creating Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #solana-blockchain, #chainwire, #press-release, #blockchain-development, #crypto-exchange, #crypto-adoption, #good-company, and more. This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com. Cooking.City is a fair-launch platform that emphasizes ecosystem sustainability and long-term development. The project is backed by institutional investors including Jump and CMT Digital. The Cooking Points system is now live.

This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Cooking. City bringing back value redistribution to Solana Fair launches. By Chainwire. Hong Kong, Hong Kong. July 3, 2025. Chainwire. Cooking. City. A recently introduced fair launch platform, emphasizes ecosystem sustainability and long-term development. The project is backed by institutional investors, including Jump and CMT Digital. Today, Cooking. Citi fully launched, revealing its core mechanisms and points system to better

align incentives between traders and developers while creating new ways to participate in on-chain launches. Bringing back value redistribution to Solana Fair launches Cooking. Citi is more than just another Launchpad. It is a community-first platform focused on value redistribution instead of value extraction. With referral system, Cooking. Citi shares platform revenues with users. Referrers earn fee rebates and points based on their invitees' trading activities.

As the only Launchpad which hasn't launched its official token, Cooking, Citi aims to attract early users through highly anticipated airdrops, encouraging interaction between traders and quality token launches. Users can check the rules of rewards and point history on the dashboard every day. Top referrers and traders will receive significant reward multipliers to further amplify their future rewards. Cooking Points A multi-layered incentive system the Cooking Points system is now live. It rewards users who actively engage with the platform across multiple dimensions. Trading on cooking, Citi, higher trading volumes bring more points. And high market cap with healthy trading volume tokens are designated as Michelin tokens,

and trading them can offer bonus points multipliers. Referrals Users can share referral codes and earn up to 10x points multipliers based on referred user's trading activity. Social quests Liking, commenting, sharing official tweets, or using the hashtag cookingcity tag unlocks additional point rewards. Each user has a personal dashboard that updates daily.

Points are retroactively calculated based on activity since launch and will be tied directly to future airdrop events. Conviction Pool. A capital-based launch feature to signify good launch cooking. Citi's Conviction Pool is a new mechanism that holds developers accountable and helps traders to tell quality launches from random ones. Developer Commitment. To opt in, developers can choose to deposit some SOL and set a price that signals their conviction in the token. Soft Price Protection. If the token graduates, the conviction pool will activate. If the price drops to a set level, users can swap

their bought tokens into SOL from the conviction pool, acting like an insurance, establishing benchmarks for quality in the market. If the price does not fall below the set level, the developer can claim back the SAAL from the conviction pool. This design filters out low-effort launches, protects traders, and signals serious commitment from builders. The birthplace of on-chain conviction cooking. Citi is creating a marketplace of convictions, allowing builders and investors to actualize and capture their faith through launches and trading. The Launchpad is the first step towards its greater on-chain nation, effectively allowing

more convicted projects to enter crypto through cooking. Citi The team expects to diversify approaches of asset issuance and capital matchmaking through their evolving launch infrastructure and mechanisms. About Cooking. Citi Cooking. Citi is a pioneering platform designed to revolutionize token fairlaunches. By aligning values between builders, believers, and traders, Citi creates new opportunities to reward quality launches and early support on token projects, encouraging builders and investors to grow together.

Website cooking.citi.exe.com-cookingcity Gitbook cooking-city.gitbook.io-docs-dot-contact-marketing-team-marketing-at-cooking.citi This story was distributed as a release by Chainwire under Hacker Noon's business blogging program. Learn more about the program here. Thank you for listening to this Hacker Noon story, read by Artificial Intelligence. Visit hackernoon.com to read, write, learn and publish.