> 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/supply-+-burnt-tokens.md).

# Supply + Burnt Tokens

#### **1. Max Supply (1,000T WKC)**

The **maximum supply** of Wiki Cat (WKC) is **1,000,000,000,000,000 (1,000 Trillion WKC)**, which was set at launch. 

This is the **total number of tokens that will ever exist**, making WKC a **deflationary asset** with no new tokens being minted.

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#### **2. Total Supply (\~546T WKC)**

The **total supply** represents the number of Wiki Cat tokens **still in existence after burns**.

* **At launch**, **300T WKC** was sent to a burn address, permanently removing it from circulation.
* A **1% burn on each transaction** has removed **154T WKC** from circulation over time.

After these burns, the **total supply** of Wiki Cat is **\~546T WKC**.

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#### **3. Circulating Supply (\~539T WKC)**

The **circulating supply** is the **amount of WKC available for trading and use** in the market. It is calculated as:\
**Circulating Supply = Total Supply - Locked Tokens**

* **Total Supply = 546T WKC**
* **Locked Tokens = 7T WKC** (held in reserves in SMC DAO: Mega Wallet.).

Therefore, the **circulating supply** is **\~539T WKC**, which is the amount that is freely available for the public to trade.

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#### **4. Burned Tokens (\~454T WKC)**

Burned tokens are **permanently removed from circulation**, increasing scarcity and helping to drive deflation. 

Wiki Cat has **two main burn phases**:

1. **Initial Burn (300T WKC)**: **300T WKC was sent to a burn address** immediately upon launch.
2. **Ongoing Transaction Burns (\~154T WKC)**: A **1% burn per transaction** continues to reduce the supply over time, amounting to **\~154T WKC burned** so far.

This brings the **total burned tokens to \~454T WKC**, which includes both the **initial burn** and the **transaction-based burn**.