Overview

Wild Goat Coin is designed to become more scarce over time. Trading fees from permanently locked liquidity pools are used to buy back and burn WGC, reducing total supply.

Base

On Base, WGC is integrated with Flaunch Protocol and utilizes the WGC/flETH liquidity pool.

This pool applies a 1% swap fee, collected in ETH via the flETH representation. Fees generated from trading activity are routed through Flaunch’s protocol infrastructure, which is designed to periodically deploy accumulated ETH into market-based buybacks.

These buybacks acquire WGC from the open market, with purchased tokens removed from circulation according to the protocol’s burn mechanics.

This integration allows WGC to participate in an automated, market-driven buyback system without requiring active treasury management or custodial control.

Further details on Flaunch’s internal mechanics are documented in Flaunch’s official documentation.

HyperEVM

On HyperEVM, WGC maintains a WGC/WHYPE liquidity pool with a 1% swap fee. Core LP positions for this pool are permanently locked via HyperSwap’s Burn & Earn vault, ensuring liquidity can’t be withdrawn.

Swap fees generated by the core LP positions accrue in WHYPE and WGC to 63 delegate NFTs, all owned by Wild Goat Coin’s Collect, Buy & Burn contract.

How It Works

The collect, buy and burn process is implemented through two fully permissionless functions, callable by any network participant:

Claim Fees:

Collects accrued WHYPE and WGC into the contract from all delegated positions.

Swap & Burn:

If more than 0.1 WHYPE has been collected, executes a transaction that:

• Uses all accumulated WHYPE to buy WGC from the pool
• Immediately sends accrued and newly acquired WGC to the burn address 0x000...dEaD – permanently removing it from circulation

Swaps are protected by a time-weighted average price (TWAP) oracle, which constrains execution to a price range derived from recent on-chain observations.

Technical Note

HyperEVM uses a dual block architecture, consisting of:

• Small blocks for standard, fast transactions
• Big blocks for transactions with higher gas requirements

claimFees aggregates rewards from all LP positions in a single call, and therefore requires approx. 5M gas, exceeding the small block limit. Callers should enable big block mode on their wallet prior to execution.

Big block mode can be toggled using this official tool.

The swapAndBurn function operates within standard small block limits and does not require any special configuration.

Contract Ownership

Operational functions of the Collect, Buy & Burn contract are permissionless. During the initial launch period, contract ownership is retained by the development team to allow for asset recovery, in the event of unforeseen issues.

Contract ownership will be permanently renounced in Q1 2026, making the contract fully immutable.

zkSync Era

On zkSync Era, WGC maintains a WGC/WETH liquidity pool configured with a 0.01% swap fee.

This pool is deployed with permanently locked liquidity and no mechanism to collect accrued fees. As a result, trading activity in this pool effectively removes both WGC and ETH from circulation over time.

Rather than routing fees through an active buyback process, this design implements a passive deflationary effect, where value is continuously locked at the protocol level without requiring additional contracts or intervention.

Design Philosophy

Across all environments, WGC’s buyback and burn approach is guided by a consistent set of principles:

• Fees are derived directly from WGC trading activity
• Liquidity is treated as permanent infrastructure
• No reliance on centralized treasuries or discretionary control

Different chains employ different implementations, but all are designed to align market activity with long-term supply discipline.