I know the state indicators up top (Add, Edit, Share) have caused some confusion when I've tested the app. Making them interactive is definitely an option I could look into.
"Cook" was meant as an informal description of what happens to the set of frames once that big button is clicked, abstracting that somewhat instead of making it the one big action might be an idea, especially as the app matures, the editing is going to mean more than the cooking.
I'm already thinking about how (or whether) to surface cooked GIF's, I want this to be able to be used as a platform for easy GIF sharing, where every GIF doesn't necessarily end up in the hands of the internet just because it lives on a server.
The remix option has struck me before as well, that might make Giflr able to tie into other services, make it like a general way to remix a GIF. I'll think on that one and see what I come up with!