I roughly calculated the current situation of $PROVE Staking. It has been open for about 7 hours. Using the maximum Prover, 126/7*24*365/1.42M = 11% APR, which is a moderate level. Trading started at 1 AM, and within 12 hours, it cleared Upbit, Bithumb, Coinbase, and Binance. Marketing and resources have basically been fully released. The key point moving forward is the validation of the demand for proof-as-a-service to support the valuation. Both problems and opportunities exist. The market's concerns include the logic of mining coins, the large allocation ratio for investors and teams, unverified income capabilities, and the curse of zk not producing good projects. The opportunity lies in its integration demand being more certain than Restaking, and the future push for Ethereum's integration with Zkwasm is also very certain. Let the bullets fly for a while; this time won't be short. We are waiting for the market to provide answers, and short-term prices and interpretations are all driven by speculation.
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