How was Wiki Cat created?

Wiki Cat, designed by Sir Mapy for the SMC DAO, was launched on Sunday, March 20, 2022, as a tool to educate Believers about the exciting opportunities within the cryptocurrency space.

Deployment

Wiki Cat was created on the BNB Chain with a maximum supply of 1,000 trillion tokens.

Upon deployment, 30% of the total supply was permanently sent to a burn wallet, ensuring these tokens could never be recovered.

The remaining 70% was made publicly available for buying and selling through PancakeSwap, with no tokens reserved for Sir Mapy or any other party.

Ownership

To reinforce decentralization, the ownership of Wiki Cat was immediately renounced upon its creation.

This action guarantees that Sir Mapy or anyone else has no control over the smart contract and cannot alter its functions or parameters, solidifying Wiki Cat as a truly decentralized cryptocurrency.

Auto-Deflationary

Before ownership was renounced, a 2% buy and sell tax was implemented, of which 1% of every transaction is allocated to token burning.

This auto-deflationary mechanism reduces the circulating supply with each transaction, increasing the scarcity of Wiki Cat over time.

Initial Liquidity

An initial liquidity of $700 in BNB was provided at launch, establishing a starting price of $0.000000000001 (1 picodollar) per token.

Liquidity Pool

To ensure stability and security for traders, Wiki Cat's liquidity was locked for two years from the day of its creation, with the lock-up period concluding on April 27, 2024, at 7:00 PM.

Upon expiration, the locked liquidity was automatically sent to a dead wallet.

This action ensures that the liquidity pool enabling trading cannot be accessed or removed, making Wiki Cat safe and stable for trading activities.

To see more information about our Liquidity Pool, read here