A massive 100 million PROVE tokens unlock today, but razor-thin liquidity reveals a market unprepared for a 51% supply shock

Succinct’s PROVE token reaches the end of its first 12-month vesting lock today, Aug. 5. Under the Foundation’s terms, 100 million investor and contributor tokens are scheduled to unlock, a sum equal to 51.3% of CryptoSlate’s estimate of 195 million circulating tokens.

The Succinct Foundation’s tokenomics terms set the PROVE token’s supply at 1 billion tokens and assign 10.5% to investors and 29.5% to contributors. A quarter of each allocation unlocks after one year. In token terms, 26.25 million tokens belong to the investor tranche and 73.75 million to contributors.

One date, three totals. Beyond the official tranche, the public trackers tell different stories. CoinGecko’s Tokenomist-powered module displayed 208.33 million units of the PROVE token on Aug. 5, counting 16.67 million for public allocation and incentives, 8.33 million for the foundation, and 83.33 million for ecosystem, research and development alongside the investor and contributor tokens.

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