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ParalleliX Docs

// Chapter 08 · Token

Token Mechanics

$PRLX, end to end.

19 min9 sectionsToken

Token mechanics

// 8.0 · five claims · fixed supply · narrow tax · operator stake · funding transition · renounced ownership

// Five claims

Fixed supply. Narrow tax. Operator stake. Funding transition. Maintenance-key ownership.

Token identity

// 8.1 · fixed parameters · ERC-20 mainnet

// $PRLX identity · 8 parameters

  • Name

    ParalleliX Network

  • Ticker

    $PRLX

  • Total supply

    100,000,000

  • Decimals

    18

  • Standard

    ERC-20

  • Network

    Ethereum mainnet

  • Mint

    None

  • Burn

    None

// Contract address

0x93ff39f65cc1d21067939961993adf3f36bbf893

Deployed and verified on Etherscan

Distribution

// 8.2 · four buckets · fixed at launch

Four buckets, allocated at launch. Each carries its own lock posture.

Initial distribution100,000,000 $PRLX · fixed supply
60%25%

  • Liquidity

    Trading + price stability

    60%

  • Operator Rewards

    Bootstrap operator subsidy

    25%

  • Team Development

    Platform + research

    10%

  • Treasury

    Strategic reserve

    5%

// Distribution buckets · 4 entries

  • Liquidity60% · 60,000,000 $PRLXUNCX · 1 yearUNCX lock
  • Operator rewards25% · 25,000,000 $PRLX24-month linear releaseSablier stream
  • Team development10% · 10,000,000 $PRLX12-month cliff + 24-month linearSablier stream
  • Treasury5% · 5,000,000 $PRLXSablier · 1-year fixed lockSablier stream

Note·Lock posture

Liquidity is time-locked at UNCX for 1 year from launch. Operator Rewards, Team, and Treasury buckets carry strict Sablier streams.

Transaction tax

// 8.3 · 4% buy/sell · 1 · 1 · 1 · 1 split

// Tax split · 4% aggregatebuy + sell

  • // 2.0Development1%

    Platform upgrades, protocol security, features.

  • // 2.1Operations1%

    Infrastructure, community, day-to-day ops.

  • // 2.2Marketing1%

    Awareness, partnerships, community incentives.

  • // 2.3Holder revenue1%

    Swapped to ETH and streamed to $PRLX holders who lock in Earn mode.

A custom transfer hook applies the tax, classifying each transfer by checking its source and destination against a known router-and-pair allowlist. Transfers from a known DEX pair to a wallet are buys; wallet-to-pair are sells; wallet-to-wallet are untaxed. $PRLX is a fee-on-transfer token; the launch DEX is a V2-style AMM.

Transaction tax: 4% buy/sell
Tax4%1% · DevelopmentProtocol upgrades + security1%1% · OperationsInfra + community1%1% · MarketingAwareness + partnerships1%1% · Holder revenueETH to Earn-mode lockers1%

The Holder-revenue 1% is swapped to ETH and streamed to $PRLX holders who lock in Earn mode. Node operator rewards are funded separately (25% bucket).

// Tax · what it does not do

  • // 01Does not fund operators

    Node operators are paid from the 25% Operator Rewards bucket at launch and from a share of ParalleliX AI usage payments in steady state. The 4% tax never reaches them.

  • // 02Does not compound

    Each buy or sell pays the tax once. No compounding, no recursive tax.

  • // 03Does not change, ever

    The rate is 4%, and ownership of the contract is renounced: nobody can raise it, nobody can lower it, and the protocol does not auto-reduce it. The rate is now a constant of the system.

  • // 04Is not a buyback or burn

    No source funds buybacks. No burn mechanism exists in the current design.

How operator rewards are funded

// 8.4 · bootstrap to steady state · 24-month window

// Operator rewards · release scheduleschedule
cap 25.0M $PRLXlinear ~1.04M / movia Sablier~34,200 / day
25M12.5M0M+00M+06M+12M+18M+24

Streamed per-second to online nodes by stake x tier. In steady state, an 85% share of ParalleliX AI usage payments funds rewards. The live released figure is on-chain via Sablier.

// Operator funding · bootstrap to steady state
// bootstrap period

Subsidised by the 25% allocation

Operators paid from the 25% Operator Rewards bucket, released linearly over 24 months from launch. The committed stream rate is fixed by the Sablier slice, so per-node accrual scales with the active node set, not with task volume.

Operator source
25% Operator Rewards bucket
Monthly release
~1,041,666 $PRLX per month
Hard end
Month 24 from launch
// steady state

Funded by ParalleliX AI usage

Once ParalleliX AI usage is sufficient, operators are paid from a share of AI usage payments. The transition is driven by usage volume, not by a calendar date. The steady-state split is 85% to operators (uptime-weighted pool), 10% treasury, and 5% infra, settled in $PRLX.

Operator source
Share of ParalleliX AI usage payments
Split
85 operators / 10 treasury / 5 infra
Trigger
Usage volume, not a calendar date

The steady-state revenue path must be working well before month 24, when the bootstrap bucket is exhausted.

  • Bootstrap ends

    Month 24

  • Monthly release

    1,041,666 $PRLX

  • Steady-state split

    85 / 10 / 5

Caveat·Bootstrap subsidy hard end

The 25% Operator Rewards bucket releases linearly over 24 months. After month 24 the bucket is exhausted. Steady-state ParalleliX AI usage revenue must fund operator rewards by then, on the 85 / 10 / 5 split (operators / treasury / infra), settled in $PRLX.

Staking

// 8.5 · operator stake · 50,000 $PRLX floor per node · no slashing

// Key claim

Stake is operator collateral, not a yield product. It is never slashed.

// Stake parameterslive at launch

  • // Stake floor
    50,000 $PRLX

    Minimum per node, variable above it. One stake = one node, no top-up; unlimited nodes per wallet.

  • // Cooldown
    7 days

    Between requestUnstake and withdrawStake. The node is retired; the principal is untouched.

  • // Slashing
    None

    No slash function, no slasher role. The full principal is always returned on unstake.

Holding $PRLX in a wallet is not staking. NodeRegistryLocker is permissionless: anyone calls registerNode with at least 50,000 $PRLX to mint a node. Earning still requires a real online machine, not the act of staking. The full lifecycle, from register to withdraw, is in the Staking subsection.

Reward and AI credit formulas

// 8.6 · 8.7 · subsections carry tables and worked examples

// 8.6 · Reward formula · per-second stream · per online node
weight_i = stake_i × tier_mult_i ; earned_i grows at rewardRate × (weight_i / Σ weight_j) while online
STAKETIER (4 TIERS)ONLINE GATESTREAM ~34,200/DAY

Per-second on-chain stream to online nodes. earned(nodeId) grows every block; claim(nodeId) anytime to wei precision. No merkle drop, no daily settle.

// 8.7 · ParalleliX AI credits · per message
message_cost = model_rate × tokens_processed
MODEL_RATETOKENS_PROCESSEDDEPOSIT ONCE ON-CHAINMETER OFF-CHAIN

Open-source models, each reply with a verified Proof-of-Execution. On-chain credit vault; project-GPU fallback.

Full tables and worked examples are in §8.6 (reward) and §8.7 (ParalleliX AI credits).

Contract ownership

// 8.8 · renounced · owner() = zero address · irreversible

The $PRLX contract has no owner. renounceOwnership() was executed on 2026-06-12, exactly as this section pre-committed: the key was held through the rollout while the FoT classifier was wired up, and destroyed in public once the maintenance work was done. The 4% tax, the off state of transfer limits, and the pair allowlist are now permanent. Verify in one read: owner() returns the zero address.

// Owner can · renounced, nothing remains
  • Nothing. owner() returns the zero address: renounceOwnership() was executed on 2026-06-12 (tx 0x0e65…cb09), verifiable on Etherscan.
  • The 4% tax is frozen in both directions. The off state of transfer limits is frozen. The pair allowlist is frozen.
  • No pause, no rescue, no airdrop, no wallet update exists on the token. The trust-critical lever set is gone.
// Owner cannot · bytecode-enforced
  • Mint new tokens. No `mint` function exists. Supply fixed at 100,000,000.
  • Change the tax rate in either direction. Frozen at 4%, split 1/1/1/1 (Dev/Ops/Mkt/Holders).
  • Move tokens out of any wallet, or burn balances belonging to other addresses.
  • Register new trading pairs, change exemptions, or touch the swap engine.
  • Insert governance, voting, or proposal logic.

Note·The four pre-committed conditions, all met

  1. 1.NodeRegistryLocker live and stable through full reward epochs. Met.
  2. 2.The launch trading venue registered and stable, tax-to-ETH engine distributing on-chain. Met.
  3. 3.The ParalleliX AI settlement path live and stable. Met.
  4. 4.No remaining need for new admin surface on the token. Met, and now permanent.

What $PRLX is not

// 8.9 · seven negations · load-bearing

// Honesty

The negative list is as important as the utility list.

// Negation ledger · 7 entries · at launch

  • // 01No governance

    No voting, no DAO, no proposal system, no protocol parameter control via token holders.

  • // 02No token-holder staking

    Holding $PRLX in a wallet does not stake. The only stake is operator collateral.

  • // 03No yield from holding

    $PRLX held in a wallet generates no yield, dividends, fee share, or revenue distribution.

  • // 04No buyback

    No source funds buybacks.

  • // 05No burn

    No burn mechanism in the current design.

  • // 06No mint

    Contract has no `mint` function. Verified at audit.

  • // 07Not a security

    Not an investment, not a security, not an offer of profit participation.

// Where to go next · reading path