$PROVE
#succinctlabs
@Succinct
PROVE is the native token of the Succinct Prover Network, a decentralised protocol for outsourcing zero-knowledge proof generation to a global network of provers.
It is used to pay for proofs, with all transactions settled on-chain via the SuccinctVApp contract. Provers must stake PROVE to access auctions for proof requests, and token holders can delegate stake to earn rewards and incentives.
The network employs a nested vault system for staking, providing liquidity and governance participation through iPROVE and stPROVE tokens. Governance initially relies on a security council but transitions to full on-chain voting based on staked PROVE.
Slashing mechanisms enforce accountability for provers who fail to deliver. PROVE supports scalable, trust-minimised proving infrastructure for applications such as rollups, bridges, oracles, and AI agents by aligning incentives across users, provers, and stakers in an open, permissionless marketplace.
