# Wild Goat Coin (WGC)

> Wild Goat Coin (WGC) is a memecoin and digital collectible running on Solana and Polygon blockchains, designed for entertainment and community engagement.

- Canonical URL: https://iq.wiki/wiki/wild-goat-coin-wgc
- Categories: Cryptoassets
- Tags: Layer 2, Memecoin
- Created: 2024-04-04T17:18:53.539Z
- Last updated: 2024-04-09T21:10:10.326Z
- Source: IQ.wiki — the world's largest blockchain and crypto encyclopedia (https://iq.wiki)

---

**Wild Goat Coin (WGC)** is a [memecoin](https://iq.wiki/wiki/memecoins) and digital collectible operating on the [Solana](https://iq.wiki/wiki/solana) and [Polygon](https://iq.wiki/wiki/polygon) blockchain networks. It leverages each platform's capabilities to enhance functionality and user satisfaction. [\[1\]](#cite-id-gbqe8oz15ak)[\[2\]](#cite-id-bvoq00xzveu)  
  
# Overview  
  
> “The Wild Goat is a king amongst men. He's a fun, masculine, humanoid goat who lives life by his own rules. He came and saw all the memecoins. He conquered by minting his own.  Wild Goat Coin was born.” -WGC  
  
Wild Goat Coin (WGC) is a digital collectible based on the [Solana](https://iq.wiki/wiki/solana) SPL token standard, offering holders the chance to join a distinctive global community. WGC serves purely as entertainment and should not be expected to provide any financial returns, profits, interest, or dividends. Like an [NFT](https://iq.wiki/wiki/non-fungible-token-nft) artwork or a traditional collectible coin, WGC is designed for collecting, enjoyment, and engagement within a global community that values its humor. [\[2\]](#cite-id-bvoq00xzveu)  
  
WGC is bridged from [Solana](https://iq.wiki/wiki/solana) to [Polygon](https://iq.wiki/wiki/polygon) through Wormhole, a protocol facilitating cross-chain asset transfer. This strategic move allows WGC holders to utilize features from both [Solana](https://iq.wiki/wiki/solana) and [Ethereum](https://iq.wiki/wiki/ethereum) ecosystems. Additionally, transitioning to a multi-chain token potentially expands [liquidity](https://iq.wiki/wiki/pol-proof-of-liquidity) options within [Ethereum's](https://iq.wiki/wiki/ethereum) [DeF](https://iq.wiki/wiki/defi)i ecosystem. Users also have the flexibility to bridge WGC between [Solana](https://iq.wiki/wiki/solana) and [Polygon](https://iq.wiki/wiki/polygon), offering greater control over their digital collectibles. [\[2\]](#cite-id-bvoq00xzveu)  
![WGCX.jpg](https://ipfs.everipedia.org/ipfs/Qmf2eAFSUFuJifqEn3hfYTBr3otfhPfoAXsm4yN32fYZFR)  
  
## Tokenomics  
  
Designed as a digital collectible, WGC features a fixed and limited supply of 69.420 billion tokens, ensuring rarity akin to high-value collectibles. During the project's launch phase, 75% of WGC tokens were earmarked for distribution across [decentralized (DEX)](https://iq.wiki/wiki/decentralized-exchange) and [centralized (CEX) exchanges](https://iq.wiki/wiki/cex-centralized-exchange). As of March 2024, approximately 58% of the total supply has been allocated to DEX [liquidity pools](https://iq.wiki/wiki/liquidity-pool), with an equal split between [Solana](https://iq.wiki/wiki/solana) and [Polygon](https://iq.wiki/wiki/polygon) chains. Liquidity pool ownership tokens for 50% of the total supply (34.7 billion WGC tokens) have been permanently removed from circulation through [burning](https://iq.wiki/wiki/token-burn) mechanisms. [\[2\]](#cite-id-bvoq00xzveu)  
  
The allocation of WGC tokens is as follows: [\[2\]](#cite-id-bvoq00xzveu)  
  
* **Market Liquidity**: 75% of the total supply, with approximately 58% deposited in [DEX](https://iq.wiki/wiki/decentralized-exchange) [liquidity pools](https://iq.wiki/wiki/liquidity-pool), accounting for around 40 billion tokens. Additionally, liquidity pool ownership for 34.7 billion tokens has been burned.  
* **Additional Liquidity Provisions**: 17% of the total supply, primarily intended to support 'tier 1' [centralized exchange](https://iq.wiki/wiki/cex-centralized-exchange) markets.  
* **Advisors & Marketing**: 5-10% of the total supply, to be released over a fixed term. Tokens may be locked into a vesting schedule where appropriate.  
* **Team**: 5-10% of the total supply, released over a fixed term to align with the project's long-term success.  
* **[Airdrops](https://iq.wiki/wiki/airdrop) & Initiatives**: 5-10% of the total supply is allocated to support engagement with the global community and promote active participation in the ecosystem.