Cookie Finance CHIPS Distribution & Governance Change

Cookie Finance
2 min readJul 2, 2021

Greetings fellow cookie enthusiasts! Last night we put up our First Insured Banana & Cake Farms! ☂️🍌🥞

We are happy to report that the Farms are beginning to fill up and with this, the rewards program for CHIPS staking has begun! Stake your CHIPS now in the CHIPS Farm and earn rewards just for being a part of the project! 💪

Note: The CHIPS Farm has a variable APR and is estimated based on site usage.

Governance Update

With these additions last night, we also took the time to make some changes to our governance. These changes will help us align with the advise and guidance of major exchanges we are working with.

Included in the change is a hard-coded limitation of our daily minting ability to safe-guard the project. (Note: we will likely return to the previous version of governance in the future as it allows a vote on maximum rewards and exposure per farm)

CHIPS Distribution for 24-Jun → 01-Jul-2021

***IMPORTANT FOR CHIPS FARM STAKERS*** ***PLEASE READ***

The CHIPS Rewards for the week of 24-JUN-2021 to 01-JUL-2021 will be manually pushed to your wallet.

Your wallet address, staked amount and duration with a daily compounding applied are already recorded in the ledger for the CHIPS Farm. You are not required to do anything to receive this disbursement, it will be automatically deposited to your wallet.

However, if you wish, you may DM @JBJFourier in Telegram with your wallet address and he will distribute to your account at the earliest possible time.

That is all for now you savvy bakers, thank you for supporting this project and making the Insured Farms a reality. We have a lot of work to do to make BSC and Polygon more secure! 🍪

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Cookie Finance

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