Total supply: 100,000,000 $SPEC. Fixed at genesis — the supply does not increase.
Allocation
Every $SPEC in existence is accounted for across eight buckets at Token Generation Event (TGE):| Allocation | Share | Notes |
|---|---|---|
| TGE Airdrop (XP holders) | 35% | Claimed at launch by XP holders |
| Treasury & Ecosystem | 15% | — |
| Team | 12.5% | 12-month cliff, then 36-month linear vest |
| Community Incentives | 10% | 5-year linear vest |
| Liquidity & Market Making | 10% | — |
| Investors | 7.5% | 6-month cliff, then 24-month linear vest |
| Free Competition Prize Pools | 5% | 4-year linear vest |
| Genesis Pool (Pump.Fun launch) | 5% | — |
Vesting at a glance. Team and Investor allocations both carry a cliff before any tokens unlock — 12 months for Team, 6 months for Investors — followed by a multi-year linear vest. Community Incentives and Free Competition Prize Pools unlock on a straight linear schedule with no cliff, over 5 years and 4 years respectively.
Utility
$SPEC is a fee token, a discount token, and a governance token.Pay competition buy-ins in $SPEC
Post-launch, entering a paid competition with $SPEC instead of USDC gets you up to a 5% discount on your entry fee.
Earn a cut of platform revenue
Speculate charges an 8% platform fee on every paid competition’s prize pool. 1.5% of that 8% is distributed to $SPEC holders every month.
Related
XP
How XP is earned pre-launch and how it maps to the TGE airdrop.
Fees
The full fee rulebook, including the 8% competition platform fee.