Licensing

Explaining Parallel V3 Licensing

Parallel V3 is divided into 3 different repositories, each with different licenses:

• parallel-core: Licensed under MIT license, available here. Basically, you can do whatever you want as long as you include the original copyright and license notice in any copy of the software/source. The license includes the AccessManager contract.

• parallel-tokens: Licensed under MIT license, available here. Basically, you can do whatever you want as long as you include the original copyright and license notice in any copy of the software/source. The license includes the stablecoins token contracts, as well as the Bridging & Flashloan modules.

• parallel-parallelizer: Licensed Friendly Fork of Angle Protocol codebase. Released under Business Source License 1.1 (BUSL 1.1) with rights granted to Mimo Labs & Cooper Labs to use the license for commercial purposes via a signed License and Fee-sharing Agreement. In PIP-50, it was approved that 1% of the fees generated by the licensed friendly fork (parallel-parallelizer repositery) will be allocated to Angle Labs until the license expires on June 1, 2026.