Pearl (PRL)

Tokenomics & Utility

Supply and emission

PRL has a fixed maximum supply of 2,100,000,000 coins. Instead of discrete halvings, the chain uses a polynomial emission curve that declines roughly with 1/t² at the per‑block rate, so cumulative issuance approaches the cap smoothly. The schedule is normalized so that about half the supply is allocated in the first four years (measured at Pearl’s faster block time), with a long tail thereafter to support long‑run security. The smallest unit is a “grain” (10⁻⁸ PRL). (pearlresearch.ai)

What PRL is for

• Mining rewards: PRL is minted to miners who submit valid PoUW proofs within the chain’s difficulty target. Because proofs are designed to be tied to GEMM computation, issuance is constrained by verifiable GPU work. (pearlresearch.ai)
• Transaction fees: Users pay PRL fees to move value and interact with scripts; fees and block rewards together compensate miners. (pearlresearch.ai)
• Settlement layer experiments: The whitepaper envisions a future marketplace where compute contracts could settle on‑chain, letting the protocol verify that a certain amount of computation occurred for a client and releasing payment accordingly. While aspirational, this points to potential roles for PRL in coordinating access to compute. (pearlresearch.ai)

Economic framing

Pearl’s narrative positions PRL as a monetary asset “backed” by verifiable GPU computation: new coins can only be created by doing the work the AI economy already demands. Advocates argue this ties issuance to a scarce industrial input (high‑end compute), while critics note that usefulness claims must hold at scale to support that framing. (pearlresearch.ai)