# 🥊#PillarBalboa is here! Learn about new PLR tokenomics

**Authors:** jack

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Pillar becomes the first truly community owned and operated crypto wallet.

![Image](https://storage.googleapis.com/holdex-posts/7bdfb6c6-0ce6-4634-9340-e78213f93f7e/4635a693-82a2-42de-ae7a-1cf281a33754-BalboaHR.png)

This upgrade to PLR tokenomics means 👨‍👩‍👦‍👦 Community-ran governance, 💸 token holders managing fees earned by Pillar Wallet, and more...

Meet #PillarBalboa! [https://blog.pillarproject.io/post/introducing-pillar-balboa-community-owned-wallet-ecosystem](https://blog.pillarproject.io/post/introducing-pillar-balboa-community-owned-wallet-ecosystem)