What is the PROVE token? The ZK proof project listed on Binance Succinct
Succinct is an infrastructure platform designed to help developers easily access and implement Zero-Knowledge Proof (ZKP) technology – a solution for fast, secure, and effective censorship-resistant transaction processing.
The project provides tools for building and deploying ZK applications with any proof system, simplifying the process with just one click. The network infrastructure of Succinct also supports customization and flexible modifications to meet individual development needs.
Information about the PROVE token
Token name: Succinct, Symbol: PROVE, Total supply: 1,000,000,000 PROVE, Maximum token supply: 1,000,000,000 PROVE, Airdrop reward for HODLers: 15,000,000 PROVE (1.5% of total token supply), Total circulating supply upon listing on Binance: 195,000,000 PROVE (19.5% of total token supply),
PROVE plays a central role in the operation of the network, from service payments, security staking, to system governance.
In addition to its payment role, PROVE also supports network governance, allowing the community to adjust parameters such as token distribution, auction design, and fee structure.
The launch of PROVE is not only a significant step for Succinct but also reflects the strong development trend of ZKP infrastructure – a key technology for the next generation of high-performance decentralized applications with transparent verification capabilities.