Tokenomics

The new Parallel protocol tokenomics is a complete overhaul of the way PRL is involved in the economic and social operations of the protocol, with the aim of aligning the short-term and long-term interests of PRL users, holders and the protocol.

The biggest changes introduced are PRL staking; Parallel Boost (Paraboost), a new incentive model to reward positive externalities that benefit the protocol; and the distribution of revenues generated by the protocol to PRL stakers.