@Succinct | $PROVE | #SuccinctLabs

Succinct Labs & $PROVE — Fueling the ZK Proof Economy

Succinct Labs is building something crypto has needed for years — a decentralized marketplace for zero-knowledge proof generation. Instead of running their own heavy ZK infrastructure, developers can simply request a proof and provers compete to deliver it.

• SP1 zkVM — Write in Rust or C++, get a zero-knowledge proof without needing to master cryptography.

• Dual-layer design — An off-chain auctioneer handles speed, while Ethereum ensures final settlement and verification.

• $PROVE as the core utility —

Pay for proofs directly in PROVE.

Provers stake at least 1,000 PROVE to bid on jobs.

Holders can delegate to provers and earn a share of rewards.

Slashing kicks in if provers fail to deliver valid proofs.

• Governance & future control — Currently overseen by a security council, with eventual protocol decisions handed to PROVE holders.

• Supply — Fixed at 1B tokens, giving scarcity to the network’s core asset.

Why it matters:

Zero-knowledge tech underpins rollups, bridges, AI verification, and countless other applications. PROVE isn’t just another token—it’s the payment rail, staking layer, and governance tool for a real utility network. As demand for verifiable computation grows, Succinct’s marketplace could become a critical piece of Web3 infrastructure.