Token $PROVE is the native utility token of the Succinct network, performing payment functions, providing network security through staking and delegation, and granting holders the right to vote on protocol governance matters. Let's take a closer look at how the PROVE token is used in the Succinct network ecosystem:
1. Payments
Token $PROVE is used by applications to pay for zero-knowledge proofs (zk-Proofs). Layer-1 blockchains and verifiable applications can make requests for proofs to the network expressed in PROVE tokens.