Last week in Chengdu, that night Succinct airdropped, I wasn't wearing white socks

At 1 AM, I got up on time, sold the airdrop + the coins I had from Binance HODLer, then went back to sleep

The next day I woke up and saw that the $PROVE I sold at 0.7 had risen to 1.7, achieving the goal of selling at the lowest point, proving once again: I am a fool

After six months on the testnet, I was addicted to mini-games every day. What exactly is @SuccinctLabs doing? I will research and share, so everyone can take a look

⭐ Listed on exchanges: Binance, Coinbase, Upbit, and other top exchanges, Grand Slam achieved

🔹 Project situation: Succinct Labs is a leading zero-knowledge proof infrastructure provider, building a decentralized proof market through its SP1 zkVM (zero-knowledge virtual machine)

🔸 Token empowerment: Using PROVE tokens as payment, staking, and governance tools

🔹 Financing situation: Completed $55 million Series A financing in March 2024, led by Paradigm

🔸 Partners: Polygon (AggLayer proof), Celestia (bridge security), Lido ($28 billion+ stETH protection), and over 35 leading protocols, protecting a cooperative ecosystem with $4 billion+ TVL

🔹 Industry situation: The ZK infrastructure track shows a three-way competitive landscape

StarkWare leads with an $8B valuation and production-grade applications, RISC Zero becomes the standardized engine for open-source zkVM, and Succinct seizes the emerging market through developer-friendly APIs

The technological route is clearly differentiated: zkVM (universality) vs zkEVM (Ethereum compatibility) vs dedicated ZK systems (performance optimization), hardware acceleration becomes the new battleground

Emerging challengers: Cysic with $18 million in funding, Axiom with $20 million in funding

🔸 Technical advantages:

- SP1 zkVM: 100% open-source, supports Rust programming

- Leading performance: Based on Polygon Plonky3 proof system

- Developer-friendly: Precompiled architecture reduces development barriers

🪂 My feelings are that holding BNB on Binance has earned me an extra Succinct airdrop, overall I'm quite satisfied, I can make money every month, platform tokens are truly a money printer

Here’s a link introducing the holders, everyone go and understand it for yourself, those who seek stability should do a good hedge

https://www.binance.com/en/bnb

✅ Summary

Yield farming + holding platform tokens is a direction I plan to adjust to in the future, yield farming requires my own effort, holding tokens to passively receive extra airdrops, with this strategy, how can I lose?

Keep it up, brothers, let's work hard and make money together, charge!