PROVE Token: The Economic Heart of the Decentralized Network

The PROVE Token is the economic core of the entire decentralized Succinct network. By mid-2025, its utility is designed to incentivize proper behavior and ensure security:

Staking: Providers who want to participate in the generation of ZK proofs must stake a significant amount of PROVE tokens. This serves as collateral, guaranteeing the honesty and reliability of their work. In case of malicious behavior, their stake may be "slashed" (reduced).

Payment for Services: Developers and protocols that use the Succinct network for generating ZK proofs pay for these services in PROVE. This fee is distributed among providers and token holders.

Governance: PROVE token holders have a voting right in the DAO, influencing key decisions regarding the future of the protocol. This allows the community to manage network parameters, such as fee sizes, staking requirements, and fund distribution. This comprehensive approach ensures a self-sustaining and secure economic model that supports the long-term development of the network. #PROVE $PROVE