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docs(prl): supply and burns - #36

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docs/prl-supply-burns
Oct 5, 2026
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The docs described PRL as a "fixed" one-billion supply. The token cannot mint, but more than half of it has been burned through governance decisions. Listing sites and AI answers that read "Total Supply: 1,000,000,000" report the wrong figure.

Change

  • governance/parallel-governance-token-prl/index.mdx:
    • the facts list now gives the initial supply (1,000,000,000, no mint function), the amount burned and the net supply, with links to the live endpoints;
    • a new "Supply and burns" section names the dead address, links the live endpoints, and lists the governance proposals behind the burns;
    • the page description no longer says "fixed".
  • resources/factsheets/prl.mdx: the Total supply row says the same and links to the new section.

Sources

Burn Amount Source
PGP-37, PRL Burn Phase I (vote closed 24 January 2026) 26,371,873.81 PRL gov.parallel.best/t/515; the executed figure is restated in PGP-40 and PGP-45
PIP-65, end of the MIMO to PRL migration (1 April 2026) 370,925,853.61 PRL gov.parallel.best/t/533; restated in PGP-40 and PGP-45
PGP-40, PRL Burn Phase II (7 May 2026) recurring: monthly treasury buybacks, PRL from sPRL1 early-exit penalties, unclaimed PAR recycled into buybacks gov.parallel.best/t/536
PGP-42 (18 May 2026) the stakers' PAR distribution redirected to PRL buyback and burn for three months gov.parallel.best/t/539
PGP-45 (5 September 2026) 100,000,000 PRL, over the counter gov.parallel.best/t/550

Consistency check on-chain: Ethereum block 26,121,819, 4 October 2026, read with eth_call on PRL 0x6c0a…41c3.

  • totalSupply() is 1,000,000,000;
  • balanceOf(0x…dEaD) is 544,348,739.47;
  • balanceOf(0x0) is 0.
  • The proposals' own running totals agree: 397,297,727.42 after PGP-37 and PIP-65 (PGP-40), then 435,279,031.37 before PGP-45's 100,000,000. The dead-address balance has only grown since.

Live endpoints: https://api.parallel.best/public/supply/prl and /circulating return 455,651,260.53 in plain text. That is exactly 1,000,000,000 minus the dead-address balance.

Checks

🤖 Generated with Claude Code

- PRL index: initial supply 1,000,000,000 with no mint, 544,348,739.47
  PRL burned as of 4 October 2026, net supply 455,651,260.53, and a
  "Supply and burns" section: the dead address, the live supply
  endpoints, and the governance proposals behind the burns (PGP-37,
  PIP-65, PGP-40, PGP-42, PGP-45).
- PRL factsheet: the Total supply row says the same.

Co-Authored-By: Claude Opus 5.5 <noreply@anthropic.com>
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