🔍 What Is #Succinct?

Succinct is a Web3 infrastructure protocol laser-focused on verifiable computation using zero-knowledge proofs (ZKPs). It empowers developers to generate and verify ZK proofs with ease—no need for niche languages or cryptographic expertise. Built around a general-purpose zkVM, Succinct lets devs write provable programs in familiar languages like Rust, slashing integration time from months to days.

🧠 Core Mission:

Make cryptographic verifiability the default in blockchain infra—boosting scalability, security, and trust-minimization across L2s, bridges, light clients, and beyond.

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💎 $PROVE Token: The Backbone of Succinct’s ZK Economy

is the native ERC-20 token powering the Succinct Prover Network (SPN)—a decentralized marketplace for ZK proof generation.

🔧 Utility Breakdown:

| Function | Description |

|---------|-------------|

| 💰 Payment | Requesters pay for ZK proofs in $PROVE |

| 🔐 Staking | Provers stake to participate in auctions and secure the network |

| 🗳 Governance | Token holders vote on emissions, staking parameters, and protocol upgrades |

| 🎯 Incentives | Rewards for provers, stakers, and delegates to ensure competitive pricing and reliability |

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🧩 How It Works

1. Proof Request: A user submits a proof job.

2. Auction: Provers bid to fulfill it—staking $PROVE as collateral.

3. Fulfillment: Winning prover executes the job and earns fees.

4. Distribution: Fees + emissions are split between prover, stakers, and protocol treasury.

🧬 Delegation Model:

Anyone can stake and delegate it to a prover. Delegates earn a cut of fees while providing economic security—think liquid staking meets ZK infra.

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📈 Tokenomics Snapshot (Aug 2025):

- 💵 Price: ~$1.46

- 🪙 Circulating Supply: 200M

- 🏁 Max Supply: 1B

- 📊 Market Cap: ~$285M

- 🔄 24h Volume: ~$157M

#Succinctlabs

@Succinct