> For the complete documentation index, see [llms.txt](https://neko-token.gitbook.io/nekopaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://neko-token.gitbook.io/nekopaper/tokenomics/fortune-cookies-cookie.md). # Fortune Cookies (COOKIE) ## Fortune Factory Bake NEKO tokens into Fortune Cookies (COOKIE) via the Fortune Factory to access key platform rewards. COOKIE is an NEP-141 token that can be exchanged 1:1 back to NEKO any time. NEKO token rewards and fees are fed into the Fortune Cookie Vault, growing the value of COOKIE overtime. There is a small fee to bake NEKO into COOKIE. The baking fee is deposited into the Fortune Cookie Vault and distributed to staked COOKIE. Baking fees help foster long-term engagement with the vault because staked COOKIE is at a small loss until NEKO is earned to cover the baking fee. * **Deposit 1 NEKO token into Fortune Factory = 1 Fortune Cookie - Fee** * **Deposit 1 Fortune Cookie into Fortune Factory = 1 NEKO**
## Fortune Cookie Vault The NEKO [Initial Farm Offering (IFO)](/nekopaper/early-supporters/initial-farm-offering-ifo.md) is hosted from the Fortune Cookie Vault. Starting at mainnet launch, users that stake COOKIE will earn 5% (500 Million) of the total NEKO token supply over 6 months. This promotional event will encourage users en masse to bake NEKO into COOKIE; facilitating long term participation with the NEKO ecosystem.