Cookie DAO Clarifies TGE Price Drop on Cookie Launchpad, Emphasizes Independent Tokenomics and Non-Involvement in Treasury
COINOTAG News reported on December 12 that Cookie DAO issued a formal note about a material price drop following the token generation event (TGE) on the Cookie Launchpad. The statement emphasizes that post‑TGE performance was not set by Cookie DAO; fundraising, tokenomics, and liquidity terms were determined by the project team.
Cookie’s involvement is limited to serving as an InfoFi platform. It provides tools to organize InfoFi events for the project and to reward users who generate attention, content, and meaningful mindshare, while not participating in treasury management, pricing, or listing governance.
With liquidity under pressure and elevated volatility, the market backdrop remains challenging. The assertion that Cookie profited at others’ expense is inaccurate. Cookie remains attentive to community feedback and will apply lessons from each listing to refine future processes.