💸Airdrops
Rules for Cookdrop and Cookiedrop
Cookdrop (5% of Total Liquidity)
Total Allocation: 5% of the total liquidity.
Distribution Basis:
The distribution is based on the teams you have subscribed to.
Each participant will receive a share of the Cookdrop tokens proportional to the amount of various coins they have staked during the subscription to the drop.
Example Calculation:
If you have staked a combination of coins equivalent to 10 OSMO, and this amount represents 1% of the total value staked by all participants in the drop, you will receive 1% of the 5% Cookdrop.
So, if 5% of the total liquidity is 1000 tokens, and you are entitled to 1% of that, you will receive 10 tokens from the Cookdrop.
Cookiedrop (7% of Total Supply of $COOK)
Total Allocation: 7% of the total supply of $COOK, which is 100 million tokens, divided into two parts:
2% for Individual Players
5% for Teams
Distribution for Individual Players (2% of Total Supply):
Each individual player will receive a portion of the 2% based on their individual contributions.
Example Calculation:
2% of 100 million $COOK tokens is 2 million tokens.
If your contribution accounts for 0.1% of the total contributions by individual players, you will receive 2000 tokens (0.1% of 2 million tokens).
Distribution for Teams (5% of Total Supply):
Each team will receive a portion of the 5% based on the team’s overall contribution.
Every member of the team will receive an equal share of the team's allocation.
Example Calculation:
5% of 100 million $COOK tokens is 5 million tokens.
If the Osmo staker team contributes 20% of the total points, the team will receive 1 million tokens (20% of 5 million tokens).
Each team member will receive a percentage of the total drop based on their share of the total staked value of partecipants on start.cooking. For example, if you have staked 0.1% of the total amount staked by all enrolled participants, you will receive 0.1% of the drop.
Summary
Cookdrop: 5% of the total liquidity distributed based on the proportion of various coins staked by each participant.
Cookiedrop: 7% of the total supply of $COOK (100 million tokens), with 2% (2 million tokens) going to individual players based on their contribution and 5% (5 million tokens) going to teams, distributed equally among team members based on the team’s contribution.
These rules ensure a fair distribution of tokens based on participation and contributions in both individual and team contexts the team will , to learn more of the drops go and read about them in their individual pages.
Disclaimer: Cap on Individual Gains
To ensure a fair distribution of tokens and to promote equity among all participants, we will implement a cap on individual gains. This measure is designed to prevent disproportionate allocations and to ensure that everyone receives a fair share of the Cookdrop and Cookiedrop distributions.
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