Cook Finance
  • Welcome to COOK Finance
  • OUR MECHANICS
    • POT
    • $COOK
    • Cookbook
    • Ladle
    • Gas
  • OUR DAPP
    • The kitchen
    • Grocery
  • Economic
    • Bank
    • FSIS
  • Disclaimer
    • Disclaimer
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  • How to get Ladle?
  • Ladle claim cost
  • Ladle Supply
  1. OUR MECHANICS

Ladle

ERC-20 token used to claim your Pot safely without destroying it.

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Last updated 1 month ago

Ladle will be in need when you’ll want to claim your $COOK from a pot without making it explode! This one will cost you a fair share of $COOK though!

How to get Ladle?

In the dApp grocery, you can buy Ladle against $COOK

Ladle claim cost

The amount of Ladle required to claim a Pot follows the square root of its level:

ClaimCost(level)=√level

Claimcost is in Ladle. As an example, if you want to claim a level 6 Pot, you need 2 Ladle. If you need to upgrade to level 10, you need 3 Ladle and so on…

Ladle Supply

The supply of Ladle is infinite but controlled by the . They will be released in batches to control the supply.

The supply limit of Ladle is designed to make the asset scarce, this will act as a claim fee and decentivize claiming.

FSIS