5 月 20 日，Web3 基础设施公司 Succinct 拟推出 Succinct Prover Network 架构及 PROVE 代币。该网络通过协调分布式证明者，为各类应用生成证明，PROVE 为支付代币，初始供应量为 10 亿枚，通过质押、治理及拍卖机制激励证明者提供竞争价格。网络采用 vApp 架构，结合链下拍卖服务和链上结算合约，提供高性能体验。此外测试网 Stage 2.5 版本即将推出，支持端到端部署。

<div><p>5 月 20 日，Web3 基础设施公司 Succinct 拟推出 Succinct Prover Network 架构及 PROVE 代币。该网络通过协调分布式证明者，为各类应用生成证明，PROVE 为支付代币，初始供应量为 10 亿枚，通过质押、治理及拍卖机制激励证明者提供竞争价格。网络采用 vApp 架构，结合链下拍卖服务和链上结算合约，提供高性能体验。此外测试网 Stage 2.5 版本即将推出，支持端到端部署。</p></div>

Succinct拟推出Succinct Prover Network架构及PROVE代币

On May 20th, Web3 infrastructure company <Succinct> planned to launch the <Succinct Prover Network> architecture and <PROVE> token. The network generates proofs for various applications by coordinating distributed provers, with <PROVE> serving as the payment token. The initial supply is 1 billion tokens, incentivizing provers to provide competitive pricing through staking, governance, and auction mechanisms. The network adopts a <vApp> architecture, combining off-chain auction services and on-chain settlement contracts to provide a high-performance experience. Additionally, the testnet Stage 2.5 version will be launched soon, supporting end-to-end deployment.

<div><p>On May 20, Succinct, a Web3 infrastructure company, plans to launch the Succinct Prover Network architecture and PROVE token. The network generates proofs for various applications by coordinating distributed provers, with PROVE serving as the payment token. The initial supply is 1 billion tokens, incentivizing provers to provide competitive pricing through staking, governance, and auction mechanisms. The network adopts a vApp architecture, combining off-chain auction services and on-chain settlement contracts to offer a high-performance experience. Additionally, the testnet Stage 2.5 version will be released soon, supporting end-to-end deployment.</p></div>

Succinct plans to launch Succinct Prover Network framework and PROVE token

Today we saw gold, silver, and palladium all hit new highs! Since the correction at the end of October, gold has been trading above the 25-35 day moving average; silver is rising along the four-hour moving average; and palladium is rising along the three-day moving average.
Synchronization: This "synchronized new highs" usually signifies the start of a major trend. Gold provides "stability," silver provides "elasticity," while the addition of palladium indicates a dual surge in industrial and investment demand.
In this clear upward trend, trading volume has not weakened significantly and no bearish structure has emerged. Don't try to short the short at the top; otherwise, you'll end up with...

Market Analysis | Gold, Silver, and Palladium Hit New Highs! How High Can They Go!?

Currently, looking at the daily chart of US stocks, two key signals are needed for confirmation that the market is turning bearish:

- Break below key support: The three major indices must break below the red line.

- Structural reversal: Lower Highs and Lower Lows must appear in the trend.

Currently, the overall trend is still upward, but since no higher highs have been reached, it has essentially been in a consolidation phase since October 30th.

According to Market Pulse data, the index is currently at 50...

Market Analysis | US Stocks Fluctuate?! About to Hit New Highs?!

Original text from Prince
Compiled by Odaily Odaily Golem (@web 3_golem)
The failure of fixed-rate lending in the crypto space is not simply because DeFi users reject it. Another reason for its failure is that DeFi protocols designed their credit products using money market assumptions and then deployed them into a liquidity-driven ecosystem; the mismatch between user assumptions and actual capital behavior keeps fixed-rate lending a niche market.
Fixed-rate products are unpopular in the crypto space. Currently, almost all mainstream lending...