Token Functionalities
The $PVM token is integral to the Proverium network, designed to foster community growth and self-sustainability:
Transaction Fees (Gas): $PVM is used to pay for gas fees on the Proverium blockchain, ensuring network operation.
Staking for Participation:
Provers: Must stake $PVM to be eligible to receive and process proving tasks.
Validators (VCMs): Must stake $PVM to participate in proof verification and governance.
Rewards:
Provers: Earn $PVM rewards for successfully generating valid ZK proofs.
Validators: Earn $PVM rewards for verifying proofs.
Block Rewards: Distributed to participants contributing to network consensus.
Governance: $PVM token holders can participate in the governance of the Proverium protocol. Voting power will be proportional to the amount of $PVM staked, allowing the community to influence key decisions, such as the allocation of computation power to different ZK projects based on factors like reward returns.
Ecosystem Incentives: $PVM will be used to incentivize agents and other community contributions that support the network's growth and utility.
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