Question 1

What are CATCOIN’s listed buy and sell fees, and how are they allocated?

Accepted Answer

PlanetCats lists a 5% fee on CATCOIN purchases and a 9% fee on sales. Of the purchase fee, 1% goes to the liquidity pool, 2% to BUSD rewards, and 2% to marketing. Of the sale fee, 1% goes to the liquidity pool, 4% to BUSD rewards, and 4% to marketing.

Question 2

What total supply and initial circulating supply does PlanetCats list?

Accepted Answer

PlanetCats lists CATCOIN’s total supply as 1,458,051,300 tokens and its initial circulating supply as 520,000,000 tokens. Total supply is the listed overall amount, while initial circulating supply is the amount initially in circulation; the figures use different measures. A separate listing gives the maximum supply as 1.46B tokens, a rounded expression of the 1,458,051,300 total supply. These figures alone do not explain how the circulating supply changes afterward.

Question 3

What figure is PlanetCats linking to its first burn, and when does it say the burn will take place?

Accepted Answer

PlanetCats places its first burn after the token launch and links it to the figure of 505,214,776 hectares of deforestation through 2019. The hectare figure is the listed area of deforestation, not a confirmed amount of CATCOIN burned. A plan to burn tokens after launch does not mean the burn has been completed.

Question 4

How does PlanetCats’ annual burn plan relate token amounts to deforestation?

Accepted Answer

PlanetCats says it plans to burn CATCOIN each year from locked reserves in an amount corresponding to the area of rainforest deforested that year. The listed planned amounts are 42,000,000 tokens for 2020, 37,500,000 for 2021, and 40,602,070 for 2022. These are planned figures and do not establish that the burns were completed.

Question 5

Which blockchain and token standard does CATCOIN use?

Accepted Answer

CATCOIN is a BEP-20 token on Binance Smart Chain, also called BNB Chain. This refers to PlanetCats’ CATCOIN and should not be confused with similarly named tokens on other networks.

Question 6

What is required to exchange CATCOIN on a decentralized exchange?

Accepted Answer

The decentralized exchange must support CATCOIN, and the user needs a wallet compatible with the relevant network. The exchange guidance also says to prepare a cryptocurrency as the base currency first, because the decentralized exchanges it describes support exchanges between cryptocurrencies.

Question 7

Does KuCoin support CATCOIN, and what should users check when choosing a centralized exchange?

Accepted Answer

KuCoin’s page says CATCOIN has not been officially listed there, and its buying guide says KuCoin did not support CATCOIN at the time. A general buying guide does not mean the platform supports the asset; users should confirm that a centralized exchange supports CATCOIN before choosing it.

Question 8

What carbon-certificate work did PlanetCats include in its roadmap?

Accepted Answer

PlanetCats’ roadmap listed a carbon-certificate generation test and a marketplace-integration concept as plans for the second quarter of 2024. These were planned items; their inclusion does not mean testing, integration, or launch was completed.

Question 9

How does PlanetCats describe the relationship between blockchain, governance, carbon certificates, charity, and NFTs?

Accepted Answer

PlanetCats describes blockchain, investors, volunteers, governance, carbon certificates, charity, and NFTs as connected to the goal of supporting forest conservation. This states the project’s objective; it does not establish that the mechanisms were implemented or that they produced environmental results.

Question 10

What share of CATCOIN’s buy fee is allocated to BUSD rewards and marketing?

Accepted Answer

CATCOIN’s listed buy fee is 5% in total: 1% goes to the liquidity pool, 2% to BUSD rewards, and another 2% to marketing. These percentages describe how the buy fee is allocated, not shares of the token’s total supply, and they do not guarantee returns to holders.

Question 11

What share of CATCOIN’s sell fee is allocated to BUSD rewards and marketing?

Accepted Answer

CATCOIN’s listed sell fee is 9% in total: 1% goes to the liquidity pool, 4% to BUSD rewards, and another 4% to marketing. These percentages describe how the sell fee is allocated, not shares of the token’s total supply, and they do not guarantee returns to holders.

Question 12

How does PlanetCats describe the relationship between its project goals and community support?

Accepted Answer

PlanetCats describes itself as community-driven and presents community supporters and investors as part of developing environmental solutions, with the goal of protecting rainforests and the wider environment. It also connects blockchain, governance, carbon certificates, charity, and NFTs to forest conservation. These are stated objectives, not proof of environmental impact; no specific governance process or financial returns are established.

PlanetCats (CATCOIN) Price