Staking and Security
The Succinct $PROVE prover network uses a delegated staking system, allowing anyone to stake tokens on behalf of a prover, receiving a portion of the fees as well as additional rewards from the Succinct Foundation. These additional rewards are designed to supplement staking rewards during the early stages of the network's development, encouraging participant engagement while the ecosystem is in its formative stage.
Staking is used to determine the number of simultaneous auctions for proof requests in which a prover can participate. The stake is implemented through a nested storage structure that allows stakers to earn rewards from the network.