Parcl is a perpetuals trade constructed on Solana for actual property synthetics. LPs present liquidity for cross-margined buying and selling on varied actual property markets, incomes buying and selling charges and taking over dealer PnL. Lately, Parcl accomplished season 1 of their Perpetual Factors Program (PPP), rewarding eligible customers with over 11.5 million $PRCL tokens. Season 1 vesting is now underway and you may as well put together for season 2 of the Perpetual Factors Program. Right here is our Parcl ($PRCL) token airdrop information.
What’s Parcl?
Parcl operates as a perpetual decentralized trade (DEX), offering actual property index markets for hypothesis and hedging. It incorporates enhanced liquidity provision, versatile governance, and danger administration options impressed by Synthetix perps. Listed below are Parcl’s fundamental options:
- Perpetuals DEX: Parcl is a decentralized trade for perpetual contracts. Its focus is on actual property index markets for hypothesis or hedging.
- Liquidity Provision: Parcl affords scalable liquidity provision with a single collateral and LP pool per trade. LPs underwrite trades and earn charges.
- Danger Administration: The protocol contains options to take care of market stability, akin to funding prices, margin necessities, and value impression changes.
- Governance: Settings may be adjusted by protocol admins or a DAO to reply to market situations and consumer behaviors.
What’s the Parcl token airdrop?
Parcl has group allocation (airdrop) of its $PRCL tokens often known as the Perpetual Factors Program. The primary allocation has been accomplished and the second allocation introduced. Season 1 of Parcl’s Perpetual Factors Program allotted 60 million $PRCL tokens, i.e. 6% of its whole token provide. The distribution of the $PRCL token features a vesting and streaming element. There are 3 streaming schedules in whole. That is decided by the quantity of $PRCL tokens staked on or earlier than eleventh July 2024 at 00:00 UTC. Here’s a abstract of the eligibility standards for the three streaming schedules.
- Schedule 1: To be eligible customers should stake at the least 50% of their PPP Season 1 allocation. Schedule 1 interval began on 1st July 2024 and can finish on twenty ninth September 2024. The rest will fall into schedule 2 in a pro-rata vogue. To stream fully in schedule 1, a consumer should stake 100% of their PPP S1 allocation.
- Schedule 2: If a consumer staked at the least 50% of the token allocation however not 100%, the remaining tokens are categorized below Schedule 2. For customers who didn’t stake the complete PPP S1 allocation, the remaining distribution not streamed in Schedule 1 might be distributed from 1st October 2024, to thirtieth November 2024.
- Schedule 3: If a consumer doesn’t stake at the least 50% of the tokens they had been eligible to obtain by way of PPP S1, all tokens they’re eligible to obtain might be streamed from 1st December 2024 to thirty first December 2024.
Season 2 of the Perpetual Factors Program is scheduled to run for the rest of 2024.
How you can get the Parcl token airdrop?
Right here’s our information on find out how to get the potential Parcl ($PARCL) token airdrop
- Get Parcl ($PRCL) tokens
You may get Parcl tokens by claiming your Season 1 allocation. Or you should buy it on exchanges akin to OKX or Kucoin.
- Connect with Parcl
Connect with https://app.parcl.co/ with both your Metamask, OKX or Phantom pockets.
- Delegate your $PRCL tokens
Delegate your $PRCL tokens to a staking pool, which is a bunch of validators which have mixed their Parcl tokens. They do that to allow them to get the next probability of validating transactions and incomes rewards. You may also arrange your personal validator. Nevertheless, this may be fairly sophisticated and will require some technical data.
- Validate transactions on the Parcl community
After getting confirmed the transaction in your pockets, you’ll robotically validate transactions on the Parcl community. You’ll obtain $PRCL tokens as a reward.
