Succinct airdrop registration is now online and PROVE token economics has been announced, with a first round airdrop of 5%

According to the foundation's announcement, the registration for Succinct airdrop is now online, with a deadline of 3am on August 4th (Beijing time). This airdrop not only rewards community members who have actively participated in the testnet over the past six months, but also recognizes open source developers who have made contributions in the fields of ZK, cryptography, and blockchain, as well as X affiliates of the collaboration agreement, partners of Succinct Labs, public goods organizations, and crypto Twitter opinion leaders. Users with badges are eligible to participate in this airdrop. According to the official documentation page of Succinct, the total supply of PROVE tokens is 1 billion, which will be used for payment, staking, and governance. The allocation ratio is: 25% for public and future incentives (including 5% for the first round of airdrops), 25% for ecosystem and research and development, 29.5% for core contributors, 10.5% for investors, and 10% for foundation operations. Investors and contributors can lock their tokens for one year and unlock them linearly for four years.