@Succinct
succinct is a decentralized prover network that allows developers or protocols to easily use zero-knowledge proofs via an API through an open market, avoiding the need for developers to build expensive infrastructure.
PROVE is the native token of succinct, which mainly serves three purposes:
1. Payment tool: All applications using the succinct network need to pay with PROVE.
2. Prover participation in staking, with malicious behavior resulting in the confiscation of staked assets.
3. Participation in governance: The issuance speed of the token and the on-chain fee structure!
Currently, succinct has protected 4 billion dollars in on-chain assets and processed 5 million on-chain requests.
Disclaimer: This post is solely the author's own research and does not constitute investment advice.
