@Succinct bs The $PROVE E token is the native asset of the Succinct Prover Network. It serves several crucial functions:
* Payment: Requesters pay provers in to generate ZKPs.
* Staking and Security: Provers must stake as collateral. This economic incentive ensures honest behavior, as malicious or underperforming provers can have their stake slashed.
* Governance: The token is expected to be used for on-chain governance, giving token holders a say in the future of the network.
In short, Succinct Labs is building the foundational infrastructure for a future where verifiable computation is a standard feature of the internet, with the $PROVE token at the heart of its decentralized economic system.