# Staking Mechanisms PRL holders have the option to stake their tokens in 2 different forms: sPRL1, single PRL staking; and sPRL2, PRL/wETH 80/20 BPT staking. Each option allows holders to choose the risk they are willing to take. :::warning sPRL1 & sPRL2 are represented in form of tokens and will be freely transferable, however in case of transfer, the accumulated Paraboost will be lost (more details about Paraboost [here](/governance/parallel-governance-token-prl/tokenomics/paraboost)). ::: :::info The PRL staking modules can be deployed on several blockchains at once. :::

It is possible for sPRL1 and sPRL2 to initiate unstaking at any time, against a cooldown period of 28 days on Ethereum and Base (one day, without penalty, on the sunset Polygon and Sonic deployments and the paused sPRL2 v1 vault). However, they are able to bypass the vesting period by paying a penalty fee, starting at 50% and decreasing linearly over time. The penalty fee is taken from the amount of sPRL1 or sPRL2 being unstaked and goes to the vault's fee receiver. On Ethereum, the sPRL1 vault sends it to the dead address `0x000000000000000000000000000000000000dEaD`, so it is burned; the other vaults send it to the Protocol & DAO Treasury multisig of their chain, listed on the [DAO Multisigs](/governance/dao-multisigs) page.

### sPRL1: Single PRL Staking A basic single-sided staking for users who do not want to take an impermanent loss from tokens in liquidity pools. Each PRL staked as sPRL1 will count as x1 voting power, with a 28-day unstaking cooldown on Ethereum and Base. sPRL1 takes new stakes on: * Ethereum * Base sPRL1 on Polygon PoS and Sonic is being sunset under Tokenomics v2.1 (PIP-68). It no longer takes new stakes, and its holders can still unstake and withdraw, with a one-day cooldown and no penalty. Under PIP-68, balances left there are excluded from the fee distribution. :::info sPRL1 can technically be deployed on more chains in the future, conditioned to the availability of PRL on the chain. ::: ### sPRL2: Liquidity Pool Staking A PRL/wETH 80/20 Balancer Pool Token staking for users who want to get the maximum voting power. Since Tokenomics v2.1 (PIP-68), the sPRL2 v2 vault holds the pool token itself, on Balancer, without staking it on Aura. As these stakers help Parallel increase the PRL liquidity a x2.5 boost on the equivalent value of PRL tokens staked (in $) is applied. This boost ise applied for ParaBoost. sPRL2 holders are able to unstake their BPT tokens against a 28-day unstaking cooldown. sPRL2 v2 is deployed on: * Ethereum * Base The first sPRL2 vault, on Ethereum, staked the pool token on Aura. It is paused: its holders move their position to sPRL2 v2 without penalty through the `sPRL2Migrator` contract, with one migration call after approving the migrator to spend their sPRL2. In the app, this happens on the [Stake Legacy page](/resources/user-guides/stake-prl#legacy-sprl2-and-par-rewards). :::info sPRL2 can technically be deployed on more chains in the future, conditioned to the availability of PRL and Balancer/Beets on the chain. :::