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@0xqayyum
/ Introducing $PROVE token by @SuccinctLabs Succinct Labs has officially announced their token launch, marking a significant milestone in their journey to revolutionize blockchain infrastructure with zero-knowledge (ZK) technology. The PROVE Token is an ERC-20 token on Ethereum used within the Succinct Prover Network. It serves three main functions: as a payment token for provers, a governance token for network decisions, and an incentive for provers to offer competitive pricing. Initial Supply = 1B tokens Users can stake PROVE to participate in governance and earn rewards, with staking influencing performance and governance decisions. Delegation allows token holders to assign their tokens to provers for rewards without direct participation
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@0xqayyum
/wen?? Stage 2.5 testnet before mainnet 🚀 An end-to-end version of the system will be released in stage 2.5, where provers will be onboarded to participate in competitive proving; stake in the testnet, bid for requests, and fulfill them on demand This is coming in few weeks 🔜 TD;LR Blog: blog.succinct.xyz X: @SuccinctLabs
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