@Succinct , use the hashtag #SuccinctLabs and $PROVE

{Succinct Labs} is a blockchain infrastructure project that focuses on zero-knowledge proofs (ZKPs) to enhance scalability, security, and decentralization in the crypto space. Here's what you need to know about Succinct Labs and its cryptocurrency, PROVE ¹ ²:

- *PROVE Token*: The native token of the Succinct Prover Network, used for payments, staking, and governance. It's designed to secure the network and incentivize provers.

- *Tokenomics*: The total supply of PROVE tokens is 1 billion, with 19.5% (195 million) in circulation at listing. The token allocation includes 1.5% for airdrops, and 5 million tokens are reserved for marketing.

- *Succinct Prover Network*: A decentralized marketplace for generating and verifying ZK proofs, supporting over 35 protocols and processing millions of proofs.

- *Key Features*:

- *SP1 zkVM*: A zero-knowledge virtual machine that enables developers to write ZK proofs using familiar programming languages like Rust.

- *Decentralized Governance*: PROVE token holders participate in governance, deciding on network parameters like emissions and fee structures.

- *Security*: The network uses staking to ensure provers have collateral risk, preventing malicious behavior.

- *Partnerships*: Succinct Labs has partnered with firms like Mantle and Galxe to boost speeds, reduce transaction costs, and introduce real-world uses like ZK raffles.

- *Funding*: Succinct Labs raised $55 million in a Series A funding round led by Paradigm.

- *Listing*: PROVE token is listed on Binance, with an airdrop program in place for eligible users.

Succinct Labs aims to revolutionize blockchain infrastructure with its ZKP technology, providing a more scalable, secure, and decentralized solution for various industries, including DeFi, NFTs, and enterprise blockchain applications ³.#PROVE