Succinct airdrop registration is now online and announced PROVE token economics, with 5% of the first round of airdrops

PANews reported on July 29 that according to the foundation's announcement, the registration of Succinct airdrop has now been launched, with the deadline being 3 a.m. on August 4 (Beijing time). The airdrop not only rewards community members who have been actively involved in the testnet over the past six months, but also recognizes open source developers who have contributed to the ZK, cryptography and blockchain, as well as X affiliates of the partnership agreement, collaborators of Succinct Labs, public product organizations and crypto-tweet opinion leaders. Users with badges are eligible to participate in this airdrop.

The Succinct official document page shows that the total supply of PROVE tokens is 1 billion, which is used for payment, pledge and governance. The allocation ratio is: 25% of the public and future incentives (including 5% of the first round of airdrops), 25% of the ecosystem and R&D, 29.5% of the core contributors, 10.5% of investors, and 10% of the foundation's operations. Investor and contributor tokens are set to lock positions for one year and unlock them in four years linearly.

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