@Succinct #Succinct #prove PROVE is the payments token of the Succinct Prover Network. It is used by ZK applications to pay for proofs; rollups, base layer blockchains, and verifiable applications can submit proof requests to the network denominated in PROVE. Read more about using PROVE to pay for proofs here.

Staking

Provers stake PROVE to secure their participation in the network. The Succinct Prover Network uses a delegated staking system by which anyone can contribute stake to a prover to earn a fraction of their fees and also additional incentives provided by the Succinct Foundation. These additional incentives are designed to supplement staking rewards during the network’s early growth phase, helping to attract participation while the ecosystem is still being bootstrapped.

Stake is used to decide the number of concurrent auctions for proof requests that a prover can participate in. Staking is implemented via a nested vault structure that allows stakers to earn rewards from the network. Read more about staking here.

You can get PROVE on various decentralized exchanges and aggregators like Uniswap, CoW Swap, Jumper, and more.

Centralized Exchanges

The PROVE token is available on Coinbase, Binance, and Kraken.

Succinct Explorer & Staking Apps

It's also possible to get PROVE directly on the Succinct Explorer and Staking apps via the LI.FI widget.