Succinct (PROVE)
Unlock Schedule
Succinct (PROVE) Token Unlock & Vesting Schedule
The unlock chart above provides a clear visual overview of the Succinct (PROVE) token release schedule, showing when and how tokens enter circulation across investor, team, treasury, and community allocations. Understanding these tokenomics dynamics is critical for evaluating potential supply pressure, inflation impact, and market liquidity over time — key factors that can influence PROVE price performance.
Each color segment in the chart corresponds to a specific allocation group described in the Allocations section below. Underlying assumptions and data models used to reconstruct this schedule are explained in detail under Assumptions, while broader utility insights and token use cases are covered in Tokenomics & Utility.
Tokenomics & Utility
Basic details
- Token: PROVE (ERC‑20 on Ethereum)
- Fixed supply: 1,000,000,000 PROVE
- Contract address: 0x6BEF15D938d4E72056AC92Ea4bDD0D76B1C4ad29 (docs.succinct.xyz)
Utility in the network
- Payments: Apps pay for proofs in PROVE. Rollups, base layers, and verifiable apps submit requests denominated in the token.
- Staking: Provers must stake PROVE to enter auctions; community members can delegate stake to provers and earn a share of revenue and additional incentives from the foundation.
- Governance: The network begins with a security council and is designed to transition toward governance where provers vote with stake to tune parameters. (docs.succinct.xyz)
Succinct tokenomics include a delegated staking design implemented via ERC‑4626 vaults. When you stake, PROVE goes into a global iPROVE vault and then into a chosen prover’s vault; you receive stPROVE as a liquid receipt. Rewards flow from two sources: your prover’s revenue share and time‑based incentives streamed by the foundation. Unstaking uses a request‑and‑redeem flow with a delay. If a prover misbehaves or misses deadlines, slashing can reduce the vault’s positions pro‑rata. (docs.succinct.xyz)
The protocol also defines how auctions use minimum stake thresholds and how fees are assessed (a base fee plus a variable component) to account for fixed costs and workload complexity. Over time, governance can adjust emissions and incentives to balance security and affordability. These mechanics, along with adoption and marketplace competition, are the main fundamentals people watch when evaluating long‑term Succinct tokenomics and thinking about drivers that might influence the PROVE price over time. (docs.succinct.xyz)
Assumptions
- Modeled the remaining Public Allocation (185,000,000 PROVE) as linear monthly vesting over 48 months from TGE.
Official docs state a 25% Public Allocation for incentives but provide no detailed emission cadence beyond noting a 5% first airdrop; linear monthly vesting is a standard proxy for ongoing incentive programs until governance specifies otherwise.
- Modeled Succinct Foundation and Ecosystem & R&D allocations as linear monthly vesting over 48 months from TGE.
Tokenomics page shows a cumulative unlock chart but does not publish numeric schedules; chose a conservative 4-year linear vesting aligned with contributor/investor vesting horizon.
- Counted Binance HODLer Airdrops (15,000,000 PROVE) within the Public Allocation and Future Incentives bucket.
Binance’s official materials specify a 15M PROVE distribution; Succinct’s docs define the Public Allocation as including incentives and airdrops. No separate category is defined by Succinct for exchange distributions.
- First PROVE Airdrop (5% of total supply) is treated as a cliff at TGE even though users could claim through 2025-09-02.
Event-based claims are converted to an equivalent unlock at claim start per modeling guidance; affects month-level timing but not totals.
- Excluded Binance Alpha points airdrop with 100 PROVE/user from separate modeling.
No authoritative total token amount disclosed; any such distribution would be a subset of the Public Allocation and Future Incentives.
- No protocol-level inflation or PoW/PoS issuance modeled.
PROVE is an ERC-20 with fixed 1,000,000,000 supply per official docs; staking incentives are funded from allocations, not new issuance.
Allocations
Description
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Succinct is a decentralized prover network and protocol that provides unified, scalable zero-knowledge proof infrastructure for blockchain applications, enabling cryptographic verification without relying on trust. It features its own zk virtual machine and supports efficient proof generation.
| Sector: | Modular |
| Blockchain: | Ethereum |