$PROVE Token Economic Model Analysis: Building a Sustainable ZK Ecosystem @Succinct
The economic model design of the $PROVE token skillfully balances incentives and sustainability. The total supply is 1 billion tokens, with an initial circulation of 20%, ensuring sufficient market liquidity. The token has diverse uses: payment of proof fees, staking to secure network safety, and governance voting to decide the future of the protocol. The economic model adopts a tiered release mechanism, with tokens for core contributors and investors having lock-up periods to prevent market selling pressure. Recent market performance has been impressive: trading volume surpassed $281 million within three days of launch, with a market capitalization reaching $200 million and a maximum increase of 164%. This performance reflects the market's recognition of the project's value. #SuccinctLbas
