# 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.&#x20;

* **Deposit 1 NEKO token into Fortune Factory = 1 Fortune Cookie - Fee**
* **Deposit 1 Fortune Cookie into Fortune Factory = 1 NEKO**

<figure><img src="https://83653294-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPe6bzcLQGDmzFsqP2Uwx%2Fuploads%2F7dphtH0kc7hTHh27HkAQ%2Fimage.png?alt=media&#x26;token=0445dfb2-327c-42ba-877f-b8326d8ef34e" alt=""><figcaption></figcaption></figure>

## Fortune Cookie Vault

The NEKO [initial-farm-offering-ifo](../early-supporters/initial-farm-offering-ifo "mention") 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.&#x20;
