šŸ” What Is #Succinct?

Succinct is a next-gen protocol powering verifiable computation through zero-knowledge proofs (ZKPs). It’s built around a general-purpose zkVM that lets developers write provable programs in familiar languages like Rust—no cryptography PhD required.

šŸ’” Core Mission:

Make cryptographic verifiability a default feature across Web3 infrastructure—bridging scalability, security, and trust-minimization.

🧠 Use Cases:

- Ethereum L2 rollups

- Secure bridging

- Light clients

- On-chain AI verification

- Modular ZK integrations

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šŸ’Ž $PROVE Token: The Engine of Succinct’s Prover Network

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

šŸ”§ Utility Breakdown:

| Function | Description |

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

| šŸ’° Payment | Requesters pay for ZK proofs in $PROVE |

| šŸ›”ļø Staking | Provers stake to participate in auctions and secure the network |

| šŸ—³ļø Governance | Token holders vote on emissions, staking rules, and protocol upgrades |

| šŸ¤ Delegation | Anyone can stake $PROVE and delegate to provers to earn a share of fees |

šŸ“ˆ Tokenomics:

- Max Supply: 1B $PROVE

- Circulating Supply: ~195M

- FDV: ~$1.15B

- Top Exchanges: Binance, Bitget, Bitunix

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🧠 Incentive Design

isn’t just a payment token—it’s a coordination layer for decentralized compute:

- Provers compete in auctions to fulfill proof requests

- Delegated stakers earn passive yield by backing reliable provers

- Emissions + fees are distributed to provers, delegates, and the protocol treasury

- Governance ensures long-term sustainability and cost-efficiency

#SuccinctLabs

@Succinct