Succinct Open Airdrop Registration, First Round Airdrop Total Supply 5% Token

BlockBeats News, July 29th, the Succinct Foundation tweeted that the registration for the Succinct airdrop is now live, and the registration deadline is 3:00 AM Beijing time on August 4th. This airdrop rewards community members who have been actively involved in the testnet for the past six months, recognizes open-source developers who have contributed to the ZK, cryptography, and blockchain fields, as well as affiliated entities of collaboration agreements, collaborators of Succinct Labs, public goods organizations, and crypto Twitter influencers. Users with badges are eligible to participate in this airdrop.

According to the Succinct official documentation page, the total token supply of the Succinct token PROVE is 1 billion, with 25% allocated to the public and future incentives (including 5% for the first airdrop), 25% to the ecosystem and research and development, 29.5% to core contributors, 10.5% to investors, and 10% to foundation operations. Investor and contributor tokens are subject to a one-year lockup period, followed by a four-year linear unlock.