> For the complete documentation index, see [llms.txt](https://docs.despoke.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.despoke.io/usddspk-token.md).

# $DSPK Token

### Token information

* **Token:** Despoke
* **Ticker:** $DSPK
* **Chain:** Ethereum (ERC20)
* **Total Supply:** 100,000,000
* **Buy/Sell Taxes:** 5/5
* **CA:** 0x658d94771f9E3C3aF0B96b455d748129255Ffa4e

**Tax Allocation:**

Taxes will be allocated towards a variety of things. We do not fix a percentage of taxes for each use case. Business developments are constantly changing and the taxes will be allocated to current business needs such as adding liquidity, burning supply, marketing, buy backs, operational costs etc.

**Use of Treasury:**

1. Manufacturing and product development
2. Marketing
3. Upgrades in protocol and dApp development.
4. Partnerships with well established web3 protocols.
5. Operational costs
6. Liquidity
7. Buybacks/supply burn

**Token Distribution:**

Team Allocation: 5,000,000 tokens (5%)

Development: 5,000,000 tokens (5%)

CEX Listings or future developments: 5,000,000 (5%)

Liquidity Allocation: 85,000,000 (85%)

Tokens provided for the team and the CEX/Future developments will be locked for an initial 3 month period. Initial liquidity will also be locked for 3 months. Liquidity locking will continue after the 3 month period.

**Wallet Addresses**

Team Token Wallet: 0x65788F1c70E55B3479fe4CF28d2d59bd4818554E

Marketing Wallet : 0xF00F4eE0A792e09bDCA32C40e860FC80e678043A 

Development Wallet: 0x6801ff443A61d516b3d455c104dd3D15BC31Ba73

Future development wallet: 0x93b5ED7952Ed1f6BcfF4cD209ECCc721509E069D

DSPK Buyback Wallet: 0xf19AE3B74FFA029C49C1aEf88c0A2527F55Fdb95