Project @Succinct ($PROVE ) is a core infrastructure project for the Web3 network, backed by major venture capital firms with a funding of $55 million.
This makes its SP1 zkVM zero-knowledge proofs faster and more scalable, securing over $4 billion in total value locked (TVL) across 12 approved protocols.
Additionally, the staking feature has been adopted: over 11 million PROVE tokens are currently supplied on the platform, offering up to 20% APY and various rewards from partners.
This demonstrates strong community engagement and a commitment to the long-term health of the network, despite a 14-day unbonding period.