Cooking.City Launches Fair Platform With 10x Referral Points

Cooking.City, a newly introduced fair-launch platform, has officially launched, emphasizing ecosystem sustainability and long-term development. The project is supported by institutional investors including Jump and CMT Digital. The platform aims to align incentives between traders and developers while creating new ways to participate in on-chain launches.

Cooking.City differentiates itself by focusing on value redistribution rather than extraction. The platform introduces a referral system where users can earn fee rebates and points based on their invitees’ trading activities. This system is designed to attract early users through anticipated airdrops, fostering interaction between traders and quality token launches. Users can monitor their rewards and point history on a daily basis, with top referrers and traders receiving significant reward multipliers to enhance their future earnings.

The Cooking Points system is now operational, rewarding users for their active engagement with the platform across various dimensions. Higher trading volumes result in more points, with high market cap tokens designated as Michelin Tokens offering bonus points multipliers. Users can also earn points through referrals, with up to 10x points multipliers based on referred users’ trading activity. Additionally, social quests such as liking, commenting, sharing official tweets, or using the #CookingCity tag unlock additional point rewards. Each user has a personal dashboard that updates daily, with points retroactively calculated based on activity since launch and tied directly to future airdrop events.

Cooking.City’s Conviction Pool is a new mechanism designed to hold developers accountable and help traders distinguish quality launches from random ones. Developers can opt in by depositing some SOL and setting a price that signals their conviction in the token. If the token graduates, the conviction pool activates, providing soft price protection. If the price drops to a set level, users can swap their bought tokens into SOL from the conviction pool, acting as insurance and establishing benchmarks for quality in the market. If the price does not fall below the set level, the developer can claim back the SOL from the conviction pool. This design filters out low-effort launches, protects traders, and signals serious commitment from builders.