# MIMO to PRL Migration On April 18th 2025 the DAO approved a migration of the MIMO Token (the previous governance token of the Parallel Protocol) for a new token, PRL. ## Specifications The total MIMO token supply is 1,000,000,000 tokens. As the PRL token is also having a supply of 1,000,000,000 tokens, a 1:1 migration (1 MIMO -> 1 PRL) has been approved. This means there will be no new token inflation, and no prejudice to current and future token holders. The migration module was built without a deadline, so that no MIMO holder would be penalised by a cut-off. The DAO later set one through PIP-61, and **the migration closed on 1 August 2026**. MIMO can no longer be exchanged for PRL. The migration was definitive: the reverse operation was never possible once completed. ## What happened to vMIMO? MIMO tokens locked as vMIMO on Ethereum & Polygon PoS have been unlocked in order to let holders migrate to the PRL token. ## What about MIMO held on Fantom? Following the multichain\[.]org hack in 2023, holders of MIMO tokens on Fantom found themselves unable to bridge their tokens back to Ethereum. Thanks to the crosschain PRL migration architecture, MIMO blocked on Fantom could also be migrated to PRL on any chain, letting those holders regain full possession of their tokens before the migration closed. :::warning The migration is closed since 1 August 2026. The [step-by-step guide](https://blog.parallel.best/how-to-migrate-to-prl) is kept for reference. :::