Popcat (POPCAT)

Tokenomics & Utility

Supply and launch distribution

Popcat’s supply is roughly 980 million tokens. Kraken’s published account of the launch describes a distribution of 93.1% to a public liquidity pool and 6.9% to a multisignature reserve intended for listings, bridges, and liquidity. A multisignature reserve is a wallet that requires more than one approval to move its assets. The same account reports no presale, airdrop, or team allocation at launch. These are details of how the tokens were first arranged, rather than a schedule of rewards for holding them. (assets-cms.kraken.com)

POPCAT’s everyday utility is the ability to transfer it between Solana users. Someone may send it to a friend, keep it as a digital collectible, or exchange it for another asset. Holding POPCAT does not, by itself, earn staking rewards, pay dividends, or grant a formal vote over the project. Its economic model therefore depends chiefly on people wanting to own and use the token as a piece of meme culture. (assets.revolut.com)

The supply figure and the distribution percentages answer different questions. Supply describes the number of tokens; distribution describes where tokens were placed at launch. Over time, tokens can move between wallets and exchanges. The launch percentages should therefore be read as a starting point, not as a map of who owns POPCAT now. (assets-cms.kraken.com)