# 2024/2025 Parallel Protocol Roadmap - Cooper Labs

**URL:** <https://gov.parallel.best/t/2024-2025-parallel-protocol-roadmap-cooper-labs/415>\
**Category:** General Chat\
**Created:** [September 30, 2024, 1:50pm UTC](https://gov.parallel.best/t/2024-2025-parallel-protocol-roadmap-cooper-labs/415 "2024-09-30T13:50:17Z")\
**Posts on this page:** 1\
**Showing post:** 7

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**Author:** ![CooperLabs](https://dub1.discourse-cdn.com/flex005/user_avatar/gov.parallel.best/cooperlabs/32/281_2.png) [@CooperLabs](https://gov.parallel.best/u/CooperLabs)\
**Post date:** [January 3, 2025, 2:48pm UTC](https://gov.parallel.best/t/2024-2025-parallel-protocol-roadmap-cooper-labs/415/7 "2025-01-03T14:48:58Z")

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**December 2024 Recap:**

- **MIMO Token Upgrade:**
  - In line with the post published ([Discussing a MIMO Token Upgrade](https://gov.parallel.best/t/discussing-a-mimo-token-upgrade/424)) we’re working on the MIMO Token Upgrade:
    - Smart Contracts: Completed, pending audits. The public codebase is available here: [GitHub - parallel-protocol/PRL-token at dev](https://github.com/parallel-protocol/PRL-token/tree/dev)
    - Backend: Completed
    - Frontend: We continued to improve the frontend by solving several issues and implementing more informations for users

- **Parallel Tokenomics Update:**
  - In line with the post published ([Discussing a New Parallel Tokenomics](https://gov.parallel.best/t/discussing-a-new-parallel-tokenomics/425)) we’re working on the new tokenomics:
    - Smart Contracts: Completed, pending audits. The public codebase is available here: [GitHub - parallel-protocol/tokenomics at dev](https://github.com/parallel-protocol/tokenomics/tree/dev)
    - Backend: Work in Progress
    - Frontend: First Version completed, we’re currently improving it

- **Parallel Protocol Fees Computation Bug:**
  - Following the approval of the [PIP-39 l Protocol Fees Computation Update](https://gov.parallel.best/t/pip-39-l-protocol-fees-computation-update/432) we have completed and audited the computation update.
  - The initial audit report is available here: [Bailsec - Parallel Bridge - BridgeableToken - 1st Report .pdf - Google Drive](https://drive.google.com/file/d/1fP7GGmuWp6A6z7-lJ0aNt0g309Agd33F/view?usp=sharing)
  - We have fixed the bugs found, and expect to release the update in January.

- **Parallel V3:**
  - We’ve started thinking about Parallel V3 and are studying several possibilities. More information in the coming months.

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_[View the full topic](https://gov.parallel.best/t/2024-2025-parallel-protocol-roadmap-cooper-labs/415)._