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// Section 8.9 · Token

What $PRLX is NOT

1 min8.9Token
  • No governance. No voting, no DAO, no proposal system, no protocol parameter control via token holders.
  • No token-holder staking. Holding $PRLX in a wallet does not stake. The only stake in the protocol is operator collateral, accessible only to addresses running nodes.
  • No yield from holding. $PRLX held in a wallet generates no yield, dividends, fee share, or revenue distribution.
  • No buyback. No source funds buybacks.
  • No burn. No burn mechanism in the current design.
  • No mint. The contract has no mint function. Verified at audit.
  • Not an investment, not a security, not an offer of profit participation.

If a new utility is ever added (e.g., a governance module), this document and tokenomics.md update before any external communication mentions it.