Cookbook
ERC-20 token used to level up your Pot and its yield.
Cookbook will be required to level up your pot thus increasing its yield. For each level will be associated a number of Cookbooks you’ll have to sacrifice in the pot to make it bigger and produce more $COOK!
How to get Cookbook?
In the dApp grocery, you're able to buy Cookbooks against $COOK
Cookbook leveling cost
The amount of Cookbook required to level up a pot follows this simple formula:
UpgradeCost(level) = level − 1
UpgradeCost is in Cookbook. As an example, if you want to upgrade to level 3, you need 2 cookbooks. If you need to upgrade to level 8, you need 7 cookbooks and so on…
Cookbook Supply
The supply of Cookbook is infinite but controlled by the FSIS. They will be released in batches to control the supply.
The supply limit of Cookbook is a key feature which will create scarcity for high level pot and incentivize chef to either invest in leveling up pot or minting new pot.
Now that you leveled up your Pot, let’s see how to can take your profits out
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