Cookie DAO Clarifies Role in Token Price and Liquidity Post-TGE

Cookie DAO emphasizes that project teams set post-TGE token prices, underscoring its limited role as a provider of InfoFi tools unrelated to price or liquidity control.

Summary

According to an official statement, Cookie DAO stressed that token prices and liquidity after a token generation event are determined solely by the project teams. The DAO’s role is to offer InfoFi tools rewarding user contributions, without exerting control over pricing, liquidity, or treasury management.

Terms & Concepts
  • Token Generation Event (TGE): A blockchain project milestone where tokens are created and distributed, often marking the start of trading.
  • Liquidity: The ease with which a digital asset can be bought or sold without affecting its price significantly.
  • Treasury: Assets or funds held by a project team for development, operations, or strategic purposes.