Fee Distribution

One of the major innovations implemented with the PRL new tokenomics is the redistribution of a portion of the fees generated by the protocol to PRL stakers (sPRL1 & sPRL2).

Fees accumulated during an epoch will be converted to PAR tokens on each chain where the protocol generates fees via a keeper (Cooper Labs); and then automatically bridged to the fee distribution chain (Polygon PoS). 15% of these fees are then be distributed to PRL stakers according to their ParaBoost. It means that PRL stakers are receiving 15% of generated protocol fees in PAR at the end of each epoch to be claimed on Polygon PoS.

Protocol Fees Distribution Overview

The fees distributed to the PRL stakers are distributed on the same chain, regardless of the chain where the PRL tokens are staked. Stakers will be able to claim their tokens during 12 epochs (≃1 year), after which the tokens will be automatically returned to the DAO treasury.