# 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: PIP-61, adopted in January 2026, ended the migration on 1 August 2026, and PIP-65, adopted on 1 April 2026, brought that date forward. **The migration closed on 15 April 2026**, when the migration contract on Ethereum was paused. MIMO can no longer be exchanged for PRL, and the app no longer has a Migrate page. 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 has been closed since 15 April 2026. The [step-by-step guide](https://blog.parallel.best/how-to-migrate-to-prl) published at launch is kept for reference only: the app's Migrate page it describes has been removed, and its 1 August 2026 end date predates PIP-65. :::