Tokenomics

Overview

The Parallel Tokenomics is a set of contracts that allows :

  • to send the fees to the main fee distributor on the destination chain (SideChainFeeDistributor)

  • to distribute fees generated by the protocol to the listed fee receivers (MainFeeDistributor)

  • users to stake their PRL tokens to earn rewards either in single staking (sPRL1) or in a 80PRL/20WETH balancer pool (BPT) that is deposited into aura.finance (sPRL2).

  • distribute rewards to sPRL1/sPRL2 users using off-chain calculation and merkle proofs (RewardMerkleDistributor)

high level architecture

Security Point

  • OpenZeppelin AccessManged dependency is used to manage the access to the contracts.

  • Emergency pause mechanisms are implemented in the contracts using the pause() and unpause() functions from the OpenZeppelin library.

  • OpenZeppelin ReentrancyGuard is used to prevent reentrancy attacks.

  • Slippage protection on deposit/withdraw that will go through Balancer during sPRL2 flow.

Deployment

Check the DeployedAddresses.md file for the deployed addresses on different networks.

Documentation for Audits

For more details on the contract, refer to the Audit details.

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