πͺ Introducing Cookie Jar Buybacks! πͺ
As many of you know, we have always been against having all
Pump.fun creator fees controlled by a single person. After discussions with the community developers, we reached a new decision.
From now on, 25% of all
Pump.fun creator fee revenue will be used for
$COOK buybacks. The purchased
$COOK tokens will be bridged to Cookie Chain and stored inside the community multisig treasury called the Cookie Jar.
The Cookie Jar is a community-owned treasury created to support developers, fund ecosystem growth, and help organize future hackathons and community initiatives.
Today, we completed our first buyback, purchasing 10 million
$COOK from the market. These tokens were bridged to Cookie Chain and successfully added to the Cookie Jar treasury.
More trading means a bigger Cookie Jar. A bigger Cookie Jar means more resources for builders, more community events, and a stronger Cookie Chain ecosystem. πͺβοΈ