WeStarter Will Launch Cook Protocol(COOK) on March 31st at 22:00 SGT. Whitelist is Opening for Registration.

4 min readMar 26, 2021

We are announcing that WeStarter will Launch Cook Protocol on March 31st at 22:00 SGT. Cook Protocol is a decentralized cross-chain asset management platform built for ordinary investors and professional asset managers to unlock an entirely new universe of DeFi innovations.

Subscription Tutorial: https://westarter.medium.com/westarter-tutorial-how-to-set-up-the-heco-wallets-5d8bfc253c78

Whitelisted Pool Details:

Time to start: March 31st 22:00 SGT
Total allocation: $60,000 USDT
Price per token: $0.03 per $COOK
Total $COOK Tokens available in Whitelisted Pool : 2,000,000 $COOK
Total Seats: 300
Quota per user: $200 equivalent $COOK

Please notice:* Whitelist quotas limited to 500 users which randomly determined by the system, and only 300 of them are able to snapping $COOK up eventually, first come, first served.

Public Pool Details:

Time to start: March 31st, specific time will be announced later
Total allocation: $40,000 USDT
Price per token: $0.03 per $COOK
Total $COOK Tokens available in Private Pool: 1,333,333.33 $COOK
Pool type: OverFlow

After the swap finished，$COOK will be distributed in proportion of the total swap. The rest of USDT will be sent back to original address after deduction the amount of subscription.

What is Overflow sale type:

In the “Overflow” method, users can subscribe as much or as little as they want to the IDO, and their final allocation will be based on the amount of funds they put in as a percentage of all funds put in by other users at the time the sale ends. Users will receive back any leftover funds when they claim their tokens after the sale.

The Liquidity will be added on MDEX after token claimed with $COOK Heco contract address. Please NOTICE, $COOK from WeStarter is based on Heco, if users want to trade asset on ETH chain, they have to cross-chain through bridge.

Getting Whitelisted

Whitelist open: March 26th
Whitelist close: March 29th 24:00 SGT
Whitelist result announce: March 30th on WeStarter’s Twitter

To apply $COOK Whitelist, please complete following:

1️⃣ Like, Retweet, and tag 2 friends-https://twitter.com/westarter_org/status/1375507669008539650?s=20
2️⃣ Follow @cook_finance on Twitter
3️⃣ Follow @westarter_org on Twitter
4️⃣ Join Cook Protocol’s Telegram Community Group
5️⃣ Join Cook Protocol’s Telegram News Channel
6️⃣ Join WeStarter’s Telegram Group
7️⃣ Join WeStarter’s Telegram Channel
8️⃣ Fill out this whitelist form

What is Cook Protocol?

Cook Protocol is a platform that has set out to become the world’s leading decentralized asset management platform by creating a solution that allows users to easily invest in a range of DeFi-powered funds.

Through Cook Protocol, fund managers can easily set up funds and configure advanced investment strategies to maximize the returns for investors. These funds will be offered through the intuitive Cook platform interface, which allows users to select from a range of available funds, easily interpret its benefits and risks, and make their investment — without needing to have a major crypto or investment background to benefit.

These funds might include simple funds that track an index, or more active funds that are directly rebalanced by the fund manager/s. Beyond this, all funds launched on the platform will be secured by Nexus Mutual — a prominent decentralized insurance protocol.

$COOK is the native utility token of the Cook ecosystem and has a range of uses. One of the most important of which is protocol-level governance — allowing users to decide which DeFi protocols to support, adjust platform fees, and vote on new features, among other things.

Fund managers are required to purchase and stake COOK tokens to launch a new fund. COOK holders will also be able to decide how the platform fees derived from each fund will be distributed — i.e. whether they’re funneled to COOK token holders or used to buy back and burn COOK tokens on the open market.

Learn more about the project:

Risk Warnings：

1、Digital assets are innovative investments based on the application of blockchain technology, which have a large risk coefficient. Please make sure that you have understood and be aware of the relevant knowledge of digital assets investment before making decisions.

2、WeStarter does not recommend, guide or encourage you to invest in any project in any way. Please make sure that you make investment decisions based on independent thinking and autonomy.

3、Please make the subscription strictly on the rules of the project. If the user has any illegal operation that affects the normal operation of the activity, the project has the right to cancel the participation qualification.