Puff the Dragon to Launch COOK Token on October 23
Puff has announced an exciting week ahead, with The Ultimate Trilemma set to begin on October 15 and run through October 22. The event will culminate with the official launch of the COOK token on October 23.
Participants must navigate a strategic challenge inspired by the blockchain trilemma of “security, scalability, and decentralization”. In Puff’s twist, players will face three choices, each with distinct outcomes:
1. Burn PUFF in the Acid Vat: Destroying PUFF earns participants a share of 225 million COOK tokens, representing 4.5% of the total supply.
2. Lock PUFF in the mETHLaB for six months: This option provides 22.5 million COOK tokens and a loan of mETH, with the opportunity to recover PUFF in April 2025.
3. Stand Pat: Holding onto PUFF without locking or burning it still earns a small share of 2.5 million COOK tokens.
Participants who act quickly will receive multipliers, with the highest rewards on day one offering a 1.42x bonus that declines over the week. Puff teased that additional announcements related to Puff NFTs and COOK token vesting are expected soon.
@puff_drgn
The Ultimate Trilemma is imminent! tuesday.. 15th-22nd October.
Followed right after by the launch of $COOK on the 23rd!
Read on to learn the Rules, so you can prepare an optimal strategy in pursuit of that new Honda! 👇