# Initial Farm Offering (IFO) The NEKO Initial Farm Offering (IFO) is the main source of early supporter rewards. The IFO event distributes 5% (500 Million) of the total NEKO token supply over 6 months! The NEKO IFO is hosted from the [Fortune Cookies (COOKIE)](/nekopaper/tokenomics/fortune-cookies-cookie.md#fortune-cookie-vault). This means users must bake their NEKO into COOKIE via the Fortune Factory, then stake COOKIE into the Fortune Cookie Vault, to earn the NEKO IFO rewards. COOKIE can be exchanged 1:1 back into NEKO anytime using the Fortune Factory. Users are incentivized to keep their COOKIE staked in the Fortune Cookie Vault after the IFO event is concluded for continued access to NEKO rewards from taxes and baking fees. #### Join the NEKO IFO [here](https://factory.nekotoken.xyz/)! --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://neko-token.gitbook.io/nekopaper/early-supporters/initial-farm-offering-ifo.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.