> For the complete documentation index, see [llms.txt](https://wiki-cat.gitbook.io/wiki-cat-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://wiki-cat.gitbook.io/wiki-cat-docs/how-was-wiki-cat-created.md).

# 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.

### <img src="https://262443605-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FE5Sk1aCpK5XDbsDWAR3C%2Fuploads%2Fpj2uradAN1knJHMYKbhG%2Fprogrammer-svgrepo-com.svg?alt=media&amp;token=96a27940-782c-4d3e-a491-1dcdf730d24b" alt="icon" data-size="line"> **Deployment**

Wiki Cat was created on the **BNB Chain** with a maximum supply of **1,000 trillion tokens**.&#x20;

Upon deployment, **30% of the total supply** was permanently sent to a burn wallet, ensuring these tokens could never be recovered.&#x20;

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

### <img src="https://262443605-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FE5Sk1aCpK5XDbsDWAR3C%2Fuploads%2FIAOnQ4gnbRi24iFq7EY3%2Fcontract-patent-svgrepo-com.svg?alt=media&amp;token=f38037e4-d7fc-4358-b643-0c1d8ea1bee3" alt="icon" data-size="line"> **Ownership**

To reinforce decentralization, the ownership of Wiki Cat was immediately renounced upon its creation.&#x20;

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.

### <img src="https://262443605-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FE5Sk1aCpK5XDbsDWAR3C%2Fuploads%2FjmqdFkHYGZjfc3vpZN7r%2Ffire-svgrepo-com.svg?alt=media&amp;token=666d79f5-6be3-4f32-b198-cf9f5394ff41" alt="icon" data-size="line"> **Auto-Deflationary**&#x20;

Before ownership was renounced, a **2% buy and sell tax** was implemented, of which **1% of every transaction** is allocated to token burning.&#x20;

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

### <img src="https://262443605-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FE5Sk1aCpK5XDbsDWAR3C%2Fuploads%2FlliXuqOvoEfXD6jyDtjs%2Fwater-drop-svgrepo-com.svg?alt=media&amp;token=a548a1ca-860d-4f78-8724-7f0fcfba664a" alt="icon" data-size="line"> **Initial Liquidity**

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

### <img src="https://262443605-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FE5Sk1aCpK5XDbsDWAR3C%2Fuploads%2FsSEBmECYJepYTRLpK8N5%2Ffloating-tool-to-save-lives-svgrepo-com.svg?alt=media&amp;token=ee18a5c5-22b8-472b-962e-3b9c029aaaa8" alt="icon" data-size="line"> **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**.&#x20;

Upon expiration, the locked liquidity was automatically sent to a dead wallet.&#x20;

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

{% hint style="info" %}
To see more information about our Liquidity Pool, read [here](https://wiki-cat.gitbook.io/wiki-cat-docs/liquidity-pool-lp)
{% endhint %}
