🔐 PROVE – The backing token of the leading ZK proof network
The Succinct Prover Network has officially launched its mainnet, utilizing Zero-Knowledge (ZK) technology to provide proof generation services for blockchain, bridges, AI agents, and many other applications. The PROVE token is at the heart of this ecosystem, helping:
🎯 Serve as payment for proof generation service fees, ensuring the network operates transparently.
🎯 Stake to participate in securing and operating nodes (provers), with slashing if activities are improper.
🎯 Decentralize protocol governance through delegate staking (iPROVE).
✅ Market capitalization of approximately $195 million, total supply of 1 billion PROVE, with an initial circulating supply of ~195 million (~19.5%) at launch on Binance.
🎯 The prover network operates on a reverse auction model – the provider of the best-priced proof wins the bid, ensuring a transparent and efficient market.
➡️ PROVE is not a hype token – it is the driving force of the ZK infrastructure providing real value for Web3, from data verification, TPS validation to AI technology applications and bridging. This is a significant acceleration to watch if you believe ZK will be the foundation of the future.
