# sPRL and Voting Power ## sPRL1 & sPRL2 = Voting Power In order to participate in Parallel Protocol governance, token holders must stake their PRL tokens for sPRL. Users are receiving sPRL1 and/or sPRL2, which are transferable tokens depending on their preference. :::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)). :::

It is possible for sPRL1 and sPRL2 to initiate unstaking at any time, against a cooldown period of 1 epoch. 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 is sent to the DAO Treasury.

### 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 1 epoch unstaking cooldown. sPRL1 is currently deployed on: * Ethereum * Polygon PoS * Base * Sonic ### sPRL2: Liquidity Pool Staking A PRL/wETH 80/20 Balancer Pool Token staking for users who want to get the maximum voting power. The staked LP as sPRL2 is itself staked on Aura under the hood, with rewards in $BAL and $AURA automatically sent to the DAO treasury. 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 1 epoch unstaking cooldown. sPRL2 is currently deployed on: * Ethereum ## **Where to stake PRL?** You can increase your voting power by staking PRL [here](https://app.parallel.best//stake) and obtain sPRL1 and/or sPRL2. :::info If you don't know how to stake PRL, you can follow this guide. ::: ## What next? Now that you have sPRL, you can participate in the various governance proposals, published on the [governance forum](https://gov.parallel.best/). :::info Any user can choose to delegate all or a portion of his voting power to someone else on the Parallel [dApp](https://app.parallel.best//stake) by clicking on " change delegate". ::: :::warning Be sure to stake your PRL before the snapshot vote starts, or your PRL will not be available for voting! :::