> 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&#x20;
* Network: BNB Chain&#x20;
* Total supply: 1,000,000,000&#x20;

**PRL Use Cases**&#x20;

* Currency on Marketplace&#x20;
* Payment fee in the ecosystem&#x20;
* Defi activities including: staking, farming, providing liquidity&#x20;
* Rewards for participating in special events&#x20;
* For mining NFTs Paragon & other assets

**Token Distribution**&#x20;

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

![Token Distribution ](/files/cOhsKWiz3jSvEaFiEpBO)

![Release Map](/files/tdcw0nmWDYtqGBVkHolU)
