Tokenomics

Overview

The Parallel Tokenomics is a set of contracts that allows :

  • to send the fees to the main fee distributor on the destination chain (SideChainFeeDistributor)

  • to distribute fees generated by the protocol to the listed fee receivers (MainFeeDistributor)

  • users to stake their PRL tokens to earn rewards either in single staking (sPRL1) or in a 80PRL/20WETH balancer pool (BPT) that is deposited into aura.finance (sPRL2).

  • distribute rewards to sPRL1/sPRL2 users using off-chain calculation and merkle proofs (RewardMerkleDistributor)

high level architecture

Security Point

  • OpenZeppelin AccessManged dependency is used to manage the access to the contracts.

  • Emergency pause mechanisms are implemented in the contracts using the pause() and unpause() functions from the OpenZeppelin library.

  • OpenZeppelin ReentrancyGuard is used to prevent reentrancy attacks.

  • Slippage protection on deposit/withdraw that will go through Balancer during sPRL2 flow.

Deployment

Check the DeployedAddresses.mdarrow-up-right file for the deployed addresses on different networks.

Documentation for Audits

For more details on the contract, refer to the Audit detailsarrow-up-right.

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