#PROVE Creative Content#  

PROVE is the native utility and governance token of the Succinct Prover Network, a decentralized marketplace for generating zero-knowledge proofs (ZKPs) as a service.
It’s not related to Gate.io Pay — it’s its own blockchain token powering a high-value Web3 infrastructure.

Who Created the PROVE Token & Succinct Network?
Founders: The Succinct Prover Network was founded by Uma Roy, John Guibas, and Kshitij Kulkarni. They developed and laid the groundwork for the project and its utility token, PROVE
LEADERSHIP QUOTES:
John Guibas, CTO of Succinct Labs, emphasized their vision: "Our goal from the start was to make proving infrastructure accessible at internet scale
Uma Roy, CEO of Succinct Labs, reinforced the mission behind launching the mainnet and PROVE: “With mainnet live, Succinct is ready to support the next generation of applications that require verifiable computation”

CORE FACTS
Type: ERC-20 token
Total Supply: 1,000,000,000 PROVE
Circulating Supply: ~195M PROVE
Market Cap: Around $286–288 million
Current Price: ~$1.47 (recent All-Time High $1.72)
Mainnet Launch: August 5, 2025
Exchanges: Listed on Binance, Bitget, MEXC, and others

Why it’s TRENDIND
The mainnet launch triggered rapid adoption — price jumped from ~$1.5 to $1.72 within days.
Already surpassed $4 billion TVL in proof requests and settlements.
First decentralized network offering proof generation, auctions, and settlements all on-chain.

KEY UTILITIES
Payments:
Developers (requesters) pay provers in PROVE for generating ZK proofs.
Staking & Security:
Provers stake PROVE to participate in proof generation; misbehavior can lead to slashing.
Delegated staking (iPROVE) lets holders participate in governance while staking.
Governance:
Token holders vote on protocol changes and future upgrades.

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