> For the complete documentation index, see [llms.txt](https://docs.theparallel.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.theparallel.io/tokenomic/prl-the-governance-token.md).

# PRL - The governance token

$PRL is a Bep-20 token built on the BNB chain. It is the governance and also main currency of The Parallel.

**Specification**

* Symbol: PRL 
* Network: BNB Chain 
* Total supply: 1,000,000,000 

**PRL Use Cases** 

* Currency on Marketplace 
* Payment fee in the ecosystem 
* Defi activities including: staking, farming, providing liquidity 
* Rewards for participating in special events 
* For mining NFTs Paragon & other assets

**Token Distribution** 

The total of PRL will be allocated into the following categories:

![Token Distribution ](https://2845530669-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MkwsSO_T1xNgOXuYuGO%2Fuploads%2FEYHCU9v78JgWtUT4UCxt%2F204.png?alt=media\&token=3e5525d7-a1d5-4452-8e83-ae35dba828ba)

![Release Map](https://2845530669-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MkwsSO_T1xNgOXuYuGO%2Fuploads%2FGOprQF2HF4DN7qQpALJm%2F203.png?alt=media\&token=e3213cd4-de3b-4ce7-9671-2b293288441c)