Liquidity Pool (LP)
In the world of decentralized finance (DeFi), Liquidity Pools are what make it possible to buy or sell a token.
For Wiki Cat, the liquidity pool was created by pairing Wiki Cat tokens with BNB tokens. Together, they formed LP (Liquidity Provider) tokens.
The Wiki Cat liquidity pool address is:
0x933477eba23726cA95A957cB85dBB1957267EF85
The total number of LP tokens is 42,972,954.
As more people buy and sell the token, the liquidity pool grows in value. Sir Mapy initially created the Wiki Cat liquidity pool with $700 worth of BNB and 700 trillion Wiki Cat tokens, giving it a starting price of $0.000000000001 per Wiki Cat token.
⚠️ Important: Whoever holds the LP tokens can withdraw all the funds from the pool—LP tokens give direct access to the liquidity.
However, staying true to the ethos of safety first and the core values of Sir Mapy, 100% of the LP tokens for Wiki Cat have been burned. This means no one, including Sir Mapy, can ever withdraw or access the liquidity from the pool again.
LP Burn Event
At launch on March 20, 2022, 60.81% of the liquidity pool (LP) was locked on UNCX for two years, set to unlock on April 27, 2024, at 19:00 GMT. An additional 36.9% of the LP was separately locked until September 27, 2022, at 11:00 GMT.
Both locks have now expired. The first LP (60.81%) was automatically transferred to a dead wallet via UNCX. The second LP (36.9%) was withdrawn to the deployer wallet and subsequently sent to a burn address, effectively making sure 98% of the LP can never be accessed anymore.
📜 Proof of 2nd Burn (36.5%): View Transaction on BscScan
Proof of 1st Burn on UNCX Network Security : LP Lockers (60.8%) View Transaction on BscScan
👥 You can also see all the current liquidity providers here: Wiki Cat Liquidity Token Holders on BscScan
In conclusion, there are 32 LP holders in total, and none of them own more than 2%. The remaining 98% of LP tokens have been burned permanently.
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