Wild Goat Coin (WGC) is a memecoin and digital collectible operating on the Solana and Polygon blockchain networks. It leverages each platform's capabilities to enhance functionality and user satisfaction. ^[1][2]

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 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 artwork or a traditional collectible coin, WGC is designed for collecting, enjoyment, and engagement within a global community that values its humor. ^[2]

WGC is bridged from Solana to Polygon through Wormhole, a protocol facilitating cross-chain asset transfer. This strategic move allows WGC holders to utilize features from both Solana and Ethereum ecosystems. Additionally, transitioning to a multi-chain token potentially expands liquidity options within Ethereum's DeFi ecosystem. Users also have the flexibility to bridge WGC between Solana and Polygon, offering greater control over their digital collectibles. ^[2]

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) and centralized (CEX) exchanges. As of March 2024, approximately 58% of the total supply has been allocated to DEX liquidity pools, with an equal split between Solana and 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 mechanisms. ^[2]

The allocation of WGC tokens is as follows: ^[2]

• Market Liquidity: 75% of the total supply, with approximately 58% deposited in DEX liquidity pools, 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 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 & Initiatives: 5-10% of the total supply is allocated to support engagement with the global community and promote active participation in the ecosystem.