I don't think it removes any of the clearcoat, it's a hybrid polish (with silicone) that is a protectant. I had an old Turtle Wax sponge pad that was never used so I repurposed it...
Link to product if you have not seen it prior: https://www.amazon.com/gp/product/B00JOVJKZW/ref=ppx_yo_dt_b_asin_title_o00_s00?ie=UTF8&th=1