Deep Dive
1. Purpose & Value Proposition
WKC positions itself as a “crypto literacy token,” blending the open-editing ethos of wikis with feline-themed symbolism for exploration. Created by SMC DAO, it targets newcomers through partnerships like SuperEx (Medium), which integrates decentralized wallets and educational resources. The project emphasizes self-custody and accessible learning, though concrete educational tools beyond exchange listings are unspecified in available data.
2. Tokenomics & Scarcity Mechanics
With a 1 quadrillion total supply, WKC employs aggressive burns:
- Manual burns: 300 trillion tokens destroyed at launch.
- Auto-burns: 147 trillion removed via transaction mechanisms.
Only 14 trillion WKC (2.5% of circulating supply) are in PancakeSwap’s liquidity pool (GitBook), creating high slippage for large trades. This design prioritizes scarcity but risks liquidity challenges.
3. Decentralized Trading Infrastructure
WKC’s primary liquidity resides in a WKC/BNB pool on PancakeSwap, using AMM principles where buys reduce pool supply and increase price algorithmically. Centralized exchange listings (e.g., Gate.io, LBank) operate independently, relying on market makers to mirror DEX prices.
Conclusion
Wiki Cat combines meme-inspired branding with deflationary tokenomics to promote crypto education, though its practical educational tools remain undefined. How effectively can it balance speculative token dynamics with long-term educational value as the market evolves?