Governance

Understanding the role of governance in the PRL Token

sPRL1 and sPRL2 holders have voting power in the Parallel governance, calculated via the ParaBoost of the previous epoch. To learn more about Governance Process you can refer to the Governance Process.

sPRL1 & sPRL2 are represented in form of tokens and will be freely transferable, however in case of transfer, the accumulated Paraboost, thus the voting power will be reset (more details about Paraboost here).