Succinct Opens Airdrop Registration, First Round to Distribute 5% of Tokens

BlockBeats News, July 29 — The Succinct Foundation announced on Twitter that registration for the Succinct airdrop is now open, with the deadline set for 3:00 AM (UTC+8) on August 4. This airdrop rewards community members who have actively participated in the testnet over the past six months, and also recognizes open-source developers who have contributed to the fields of ZK, cryptography, and blockchain, as well as X affiliates of partner protocols, collaborators from Succinct Labs, public goods organizations, and influential voices on Crypto Twitter. Users holding badges are eligible to participate in this airdrop.

According to the official Succinct documentation, the total supply of Succinct’s PROVE token is 1 billion, with 25% allocated to the public and future incentives (including 5% for the first airdrop), 25% to the ecosystem and R&D, 29.5% to core contributors, 10.5% to investors, and 10% to foundation operations. Tokens allocated to investors and contributors are subject to a one-year lockup, followed by linear vesting over four years.