Frequently Asked Questions (FAQs)
As the biggest auto-burn project on the Solana blockchain, there are undoubtedly many questions that commonly come up about $CWIF. Catch up on this page about the most frequent questions.
Last updated
As the biggest auto-burn project on the Solana blockchain, there are undoubtedly many questions that commonly come up about $CWIF. Catch up on this page about the most frequent questions.
Last updated
Yes, $CWIF’s main liquidity pools have been permanently locked. You can verify the locked status on both Solsniffer and Rugcheck.
Solsniffer:
Rugcheck:
$CWIF uses Solana Token Extensions for its unique 4% burn per transaction. Token Extensions do not utilize a single burn wallet. Instead, every wallet that has interacted with $CWIF has a token account with the $CWIF taken out of circulation.
Learn more about Token Extensions or on Solana's official Token Extensions .
The Max Supply of $CWIF is 1,000 trillion. This is the very beginning supply for $CWIF before any burns. Some more details:
The initial Contract Address for catwifhat, $CWIFv0, had a 77.78 trillion max supply (without any reason behind it).
When the final $CWIF Contract Address was created, a 999.99 trillion max supply was introduced to mimic $WIF’s 999.99 million max supply.
Immediately upon the finalized $CWIF’s contract creation, 920+ trillion $CWIF was permanently burned (using Token Extensions transfers) to get back to an initial 77.78 trillion circulating supply.
The more important number to the project rather than the Max Supply is the remaining supply, also known as the Total Supply. The Total Supply figure on CoinGecko and CoinMarketCap shows the $CWIF supply after Token Extension burns.
CoinGecko:
All tokens were released at the start of the contract. The supply can only be burned since day 1 ✅.
Since all $CWIF was released day 1, there is no vesting for $CWIF.
Additionally there is no mint authority for $CWIF.
These factors combined mean that the circulating supply can only go down over time.
Because $CWIF burns depend on DEX volume, including both DEX buys and DEX sells, as well as wallet transfers, it is not possible to predict future $CWIF burns. Average burn rates are not an indicator of future burns, and the burn is subject to change based on DEX volume.
(page last updated June 14, 2024)
CoinMarketCap:
Of the original 77.78 trillion $CWIF supply, over 55% has been auto-burned. See the latest figure on the catwifhat website: .