🛠️Key Mechanisms

Cookies:

• Cookies are a unit of representation of the deposits and claimable rewards of each user.

• They are not tradable tokens or assets, they are simply representations stored in the Cookie Contract.

  • When a user deposits ETH, a corresponding amount of Cookies is generated.

  • As time goes by, a user generates Cookies based on their current statistics.

  • Statistics can be positively affected by purchasing Boosting Items, and returns are positively correlated with statistics.

Deposits & referral system:

• Dev Wallet receives 6% of ETH deposits made by users.

• When a user deposits ETH with a referral invitation, the Referrer address instantly receives 12% of the user's deposit in the form of Cookies, added to the Referrer Cookie Balance. This can only happen once per referred user.

Compound:

• The compound() function can be called whenever a player has pending ETH rewards, and allows for their compounding.

  • Every time a user calls any of the boosting functions (whenever a user purchases a boosting item), the compound() is called automatically beforehand.

  • Compounding resets the claim power to 40%.

Rewards

• The claim power for the first reward claim transaction is 100%.

• After first claim is made, the claim power is set to40% (you can only claim 40% of your pending rewards).

• Every 24 hours, the claim power rises by 10%.

• 5 days (144 hours) after the first claim, players can claim 100% of the pending rewards associated to their deposit.

Boosting Items:

Oven:

• Users can purchase an oven using the buyOven() function and upgrade it up to 3 levels.

• The cost to purchase/upgrade is a fixed 2% of the user's Cookie Balance.

• 24-hour delay before between upgrade.

• Increases the claim power at each level:

Level	1	2	3
Additional claimPower	+50%	+75%	+100%

• In this example: buying a level 3 Oven gives a permanent claim power of 100% to the player.

Baker:

• Users can purchase a Baker using the buyBaker() function and upgrade it up to 5 levels.

• Becomes available 24 hours after launch.

• The cost to purchase/upgrade is a fixed 3% of the user's Cookie Balance.

• 24-hour delay between each upgrade.

• Increases the netAPY at each level:

Level	1	2	3	4	5
Additional netAPY	+3% APY	+6% APY	+9% APY	+12% APY	+15% APY

Bakery:

• Users can purchase a Bakery using the buyBakery() function and upgrade it up to 5 levels.

• Available directly at launch.

• No delay between each upgrade.

• Fixed purchase/upgrade cost of 1% of the user's Cookie Balance.

• Increases the netAPY at each level:

Level	1	2	3	4	5
Additional netAPY	+1% APY	+2% APY	+3% APY	+4% APY	+5% APY

Cookie Farm:

• Users can purchase a Cookie Farm by calling the buyCookieFarm() function up to 3 times.

• Each player (address) can have a maximum of 1 Cookie Farm.

• Available 3 days after launch.

• Fixed cost of 8% of the user's Cookie Balance.

• Provides a lifetime 8% APY boost!

Protocol Taxes:

• A 5% tax is taken on each deposit or claim made within the Cookie Clicker protocol.