Succinct ($PROVE made its first public appearance on Binance through the Binance Launchpool โ giving millions of users a chance to farm #PROVE for free before trading began.
๐ Launchpool Farming Period:
Ju Succinct is a next-generation zero-knowledge (ZK) proof network that allows developers to prove that a program has run correctly โ without revealing all its internal details.
Itโs built on Ethereum and powered by its zkVM called SP1 (Succinct Proof Virtual Machine).
๐ก In simple words: Developers can write their code in languages like Rust or C++, send it to the network, and provers will compete to generate cryptographic proofs that verify the codeโs execution โ fast, secure, and trustless.
๐ How the Network Works
1๏ธโฃ Developer Submits Job ๐งโ๐ป โ The developer uploads a program for verification. 2๏ธโฃ Off-Chain Proof Auction โณ โ Multiple provers compete to provide the proof at the best price and speed. 3๏ธโฃ On-Chain Settlement ๐ โ Once the proof is ready, itโs posted on-chain and verified via smart contracts.
๐ฐ PROVE Token Utility
The PROVE token is the core of the Succinct ecosystem.
๐น Payment for Provers โ Developers pay in PROVE for proof generation. ๐น Staking โ Provers stake PROVE as collateral (slashed for bad behavior). ๐น Delegation โ Token holders can delegate to provers and earn rewards. ๐น Governance โ Vote on protocol upgrades and future decisions.
๐ Tokenomics โข Total Supply: ๐ช 1,000,000,000 PROVE โข Circulating Supply at Launch: ๐ช 195,000,000 (19.5%) โข Allocation Includes: โข Team & Advisors ๐ฅ โข Ecosystem Incentives ๐ฑ โข Marketing ๐ข โข Binance HODLer Airdrop ๐ (1.5% of supply)
๐ Testnet Achievements
Before going mainnet, Succinctโs testnet already achieved:
Succinct is already connected with some of the biggest blockchain projects: โข Polygon ๐ฃ โข Celestia ๐ โข Lido ๐ โข Mantle ๐ โข Avail ๐ท โข Taiko ๐ฅ
Over 1,000 developers have used the Rust SDK, with 170,000+ downloads.
๐ Binance Launch Details
๐ Launch Date: August 5, 2025 โ 17:00 UTC ๐ณ Deposits Opened: August 5 โ 04:00 UTC ๐ Trading Pairs: PROVE/USDT, PROVE/FDUSD, PROVE/TRY
๐ Promotions & Airdrops
๐ช Binance HODLer Airdrop Succinct was selected as the 31st Binance HODLer Airdrop project. Holders of selected assets like BNB got free PROVE before the listing.
Promotion A ๐ค โ Affiliates inviting โฅ 3 valid users share 15,000 PROVE. Promotion B ๐ฏ โ First 2,500 new users completing registration, deposit, and trade get 10 PROVE each.
Zero-knowledge technology is the future of blockchain scalability, security, and privacy. Succinct makes it accessible for any developer โ without needing deep cryptography knowledge or massive infrastructure.
With: โ Strong partnerships โ Real revenue from testnet โ Binance support & incentives
PROVE has a strong foundation to become a major ZK infrastructure leader in the coming years. #Prove
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.ย See T&Cs.
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