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  • Introduction
  • Parallel Protocol
    • PRL (Parallel Governance Token)
      • Issuance
      • Bridging Module
        • Specifications
        • Implementation
      • Tokenomics
        • Epoch Concept
        • Staking Mechanisms
        • ParaBoost
        • Fee Distribution
      • Governance
      • MIMO to PRL Migration
    • PAR (€ stablecoin)
      • How does PAR work?
      • Where can I get PAR ?
    • paUSD ($ stablecoin)
      • How does paUSD work?
      • Where can I get paUSD ?
    • Classic Vaults
      • Depositing
      • Borrowing
      • Fees
        • Fees Generation
      • Withdrawing
      • Repaying
      • Liquidating
    • Bridging Module
      • LayerZero Infrastructure
      • Specifications
      • Implementation
        • PAR
        • paUSD
    • Super Vaults (SV)
      • Leveraging
      • Rebalancing
      • EmptyVault
      • Automated Rebalance
      • Managed Rebalance
    • Inception Vaults (IV)
      • Borrowing
      • Liquidating
  • DAO & Governance
    • sPRL and Voting Power
    • Governance process
    • Proposal Framework
      • Parallel Integration Request (PIR)
      • Parallel Governance Proposal (PGP)
      • Parallel Improvement Protocol (PIP)
    • DAO Multisigs
      • DAO Multisigs Elections
        • Election 1
        • Election 2
        • Election 3
        • Election 4
        • Election 5
        • Election 6
      • Multisigs Transactions History
        • May 2022 Multisig History
        • June 2022 Multisig History
        • July 2022 Multisig History
        • August 2022 Multisig History
        • September 2022 Multisig History
        • October 2022 Multisig History
        • November 2022 Multisig History
        • December 2022 Multisig History
        • January 2023 Multisig History
        • February 2023 Multisig History
        • March 2023 Multisig History
        • April 2023 Multisig History
        • May 2023 Multisig History
        • June 2023 Multisig History
        • July 2023 Multisig History
        • August 2023 Multisig History
        • September 2023 Multisig History
        • October 2023 Multisig History
        • November 2023 Multisig History
        • December 2023 Multisig History
        • January 2024 Multisig History
        • February 2024 Multisig History
        • March 2024 Multisig History
        • April 2024 Multisig History
        • May 2024 Multisig History
    • Parallel Emergency Guardians
    • DAO Treasury
      • DAO Treasury Reports
  • Risk Assessments
    • Parallel's Risk framework
    • Methodology
    • Risk per Assets
      • PAR
        • Ethereum Assets
        • Polygon Assets
        • Fantom Assets
      • paUSD
        • Ethereum Assets
        • Polygon Assets
    • Risk parameters
      • PAR
        • Ethereum Risk parameters
        • Polygon Risk parameters
        • Fantom Risk parameters
      • paUSD
        • Ethereum Risk parameters
        • Polygon Risk parameters
    • Insurance Fund
  • Developers
    • Developer Guide
    • Parallel Governance Token (PRL)
    • Tokenomics
      • Key Operations Flows
      • Contracts
    • Classic Vaults
      • Architecture
      • VaultsCore
      • Opening a vault
      • Borrowing and minting PAR/paUSD
    • Bridging Module
      • Architecture
      • Sample Use Cases
    • Super Vault (SV)
      • Proxy Design
        • MIMOProxy
        • MIMOProxyGuard
        • MIMOProxyFactory
      • Action Contracts
        • MIMOEmptyVault
        • MIMOLeverage
        • MIMORebalance
        • MIMOAutoRebalance
        • MIMOManagedRebalance
        • MIMOProxyActions
        • MIMOVaultActions
      • Leverage Max Amount Derivation
    • Inception Vault (IV)
      • IV Architecture
      • InceptionVaultFactory
      • AdminInceptionVault
      • InceptionVaultCore
      • InceptionVaultsDataProvider
      • InceptionVaultPriceFeed
    • Contract Addresses
      • Parallel V3
        • Core Protocol
        • Parallel Governance Token
      • Parallel V2
        • PAR
          • Ethereum
          • Polygon PoS
          • Fantom
        • paUSD
          • Ethereum
          • Polygon PoS
      • Super Vaults (SV)
        • PAR
          • Ethereum
          • Polygon PoS
        • paUSD
          • Ethereum
          • Polygon PoS
      • Inception Vaults (IV)
        • Kovan
  • Resources
    • User Guides
      • Setting up
      • Managing Transactions on EVM blockchains
      • Troubleshooting
      • Mint PAR
      • Liquidity Providing
        • Provide PAR-USDC liquidity on Uniswap V3 (Ethereum)
        • Provide PAR-jEUR liquidity on Balancer (Polygon PoS)
        • Impermanent loss
      • How to Migrate to PRL?
      • How to Bridge Parallel Tokens?
      • How to Stake PRL?
    • Security & Audits
    • Links
    • Glossary
    • Brand Kit
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  • Security & Architecture
  • Key Features
  • Risk Management

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  1. Parallel Protocol
  2. PRL (Parallel Governance Token)

Bridging Module

The PRL bridging module is a secure, scalable, and decentralized bridging infrastructure which enable seamless transfer of PRL between supported chains. The module is designed to be highly flexible while maintaining robust security, allowing the Parallel Protocol to expand across multiple chains in a secure way. Built on LayerZero's infrastructure, it offers several key features:

Security & Architecture

  • Utilizes LayerZero's decentralized message verification and execution infrastructure

  • Implements a modular security stack with configurable Decentralized Verifier Networks (DVNs)

  • Employs an "X of Y of N" security model allowing flexible combinations of validators

  • Includes fallback mechanisms through permissionless execution if automated systems fail

  • Follows the Omnichain Fungible Token (OFT) standard

Key Features

  • Emergency Controls: Pause/unpause functionality for risk management

  • Fully DAO Controlled: All parameters and operations managed by governance

Risk Management

  • Chain-specific isolation modes to prevent risk propagation

  • Multiple DVNs required for transaction verification

  • Automatic transaction reversal if required validators are unavailable

  • Full governance control over all security parameters

Learn how to bridge PRL across chains by following this guide.

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Last updated 17 days ago

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