PROVE Token: Ecosystem Driver
PROVE is an ERC-20 token on Ethereum that plays a crucial role in the Succinct ecosystem:
Payments: Used by requesters to pay provers for creating zk-proof.
Staking & Security: Provers must stake PROVE to participate in auctions and strengthen the network; failure or violations may result in slashing.
Delegation: Token holders can delegate PROVE to provers and share rewards.
Governance: Token holders can participate in governance (initially managed by a security council, then fully on-chain).
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Tokenomics & Distribution
Total Supply: 1 billion PROVE.
Initial Circulating Supply: About 200 million (20%).
Token Allocation:
Core Contributors: 29.46%
Ecosystem & R&D: 25%
Incentives: 15%
Investors: 10.54%
Foundation: 10%
Initial Launch (TGE): 10% (100% available)
