August 11, 2025
#Cryptocurrencies

Binance Announces Succinct (PROVE) as Its New HODLer Project

The world’s largest cryptocurrency exchange, Binance, continues to help BNB holders earn money through the HODLer airdrop.

PROVE was announced as the 31st project; now let’s take a closer look at this project.

What is Succinct (PROVE) Coin?

Succinct is a decentralized prover network for generating universal zero-knowledge proofs. It is the native token of the Succinct Prover Network, a decentralized Zero-Knowledge Proof (ZK) network. This network uses ZK technology that allows developers to verify data without revealing it. The PROVE token is used to reward provers, ensure network security, and provide governance rights.

Between July 9, 2025, 00:00 (UTC) and July 12, 2025, 23:59 (UTC), users who subscribe their BNB to Simple Earn (Flexible and/or Locked) and/or On-Chain Yields products will be eligible for the airdrop distribution. HODLer Airdrop details are expected to be announced within 24 hours, and the new tokens are expected to be distributed to users’ Spot Accounts at least 1 hour before spot trading begins. Binance will list the PROVE token starting from August 5, 2025, at 17:00 (UTC), and trading will begin on USDT, USDC, BNB, FDUSD, and TRY pairs. The Seed Tag will apply to PROVE. Users can start depositing PROVE from August 5, 2025, at 04:00 (UTC).

PROVE HODLer Airdrop Details

Token name: Succinct(PROVE)

Genesis total supply: 1,000,000,000 PROVE

Maximum token supply: 1,000,000,000 PROVE

HODLer Airdrop token rewards: 15,000,000 PROVE (1.50% of the total token supply)

An additional 5,000,000 PROVE will be allocated for future marketing campaigns after 6 months. Details will be announced separately.

Circulating supply upon listing on Binance: 195,000,000 PROVE (19.50% of the total token supply)

Smart contract/network details:

Ethereum (0x6BEF15D938d4E72056AC92Ea4bDD0D76B1C4ad29)

BNB Chain (0x7DDf164CEcfddd0f992299D033B5a11279A15929)

Listing fee: 0

Research report: The report for PROVE will be available within 48 hours from the announcement date.

BNB holding hard cap: User’s average BNB holding divided by total average BNB holding multiplied by 100% ≤ 4%

(If the holding ratio exceeds 4%, it will be capped at 4%)

What is Binance HODLer Airdrop?

Binance HODLer Airdrops is a program that rewards BNB holders with token airdrops based on snapshots of their past BNB balances. Users who subscribe their BNB to Simple Earn automatically become eligible for HODLer Airdrops (as well as Launchpool and Megadrop rewards). Users who subscribe to On-Chain Yields automatically qualify for HODLer Airdrops and Launchpool rewards.

Unlike other earning methods that require continuous action, HODLer Airdrops reward users retroactively, providing an easy way to earn extra tokens. By subscribing to Simple Earn products and/or On-Chain Yields, users automatically become eligible for token rewards.

I will explain it in a simpler way.

Binance HODLer Airdrops is a program that gives extra gift tokens to people who hold BNB (Binance’s own token). If you put your BNB into special earning programs on Binance, you automatically receive these gifts. You don’t need to do anything continuously, just keep your BNB there. This way, you can earn extra tokens based on the amount of BNB you held in the past.

Binance Alpha Note

PROVE will be available on the Binance Alpha platform for a short period. However, its visibility on Alpha will end after the spot listing. The PROVE balance in the Alpha account can be transferred to the spot wallet and will continue to be visible there.

If you don’t have a Binance account, you can sign up using this link to get a discounted commission fee.

 

 

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