#SuccinctLabsis Through research on this project, it was discovered that $PROVE

PROVE tokens play a core role in the Succinct ecosystem in three different ways:

• Payment: Developers use PROVE tokens to pay for proof generation service fees, while provers earn PROVE tokens as a reward for providing valid and timely proofs.

• Security: PROVE tokens can be staked to provide economic security within the protocol. Provers need to stake PROVE tokens as a guarantee for timely submission of proofs.

• Governance: PROVE tokens give holders of staked tokens governance rights, allowing them to actively participate in decentralized decision-making. Staked tokens have voting rights, allowing participants to propose and vote on key protocol parameters, network upgrades, and long-term strategic directions.

These three core elements support. This project opens up more possibilities and imagination.