> For the complete documentation index, see [llms.txt](https://docs.parallel.best/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.parallel.best/governance/parallel-governance-token-prl/tokenomics/epoch-concept.md).

# Epoch Concept

The epoch will serve as the central unit of time in the new tokenomics. An epoch consists of a number of 30 days. It will be used to determine the [ParaBoost](/governance/parallel-governance-token-prl/tokenomics/paraboost.md) calculation period, the duration of the cooldown during unstaking sPRL1 and sPRL2 and to manage the [fee sharing](/governance/parallel-governance-token-prl/tokenomics/fee-distribution.md) distribution to sPRL1 and sPRL2 holders.


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