{"id":254269,"date":"2024-02-26T15:04:24","date_gmt":"2024-02-26T09:34:24","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=254269"},"modified":"2024-02-26T15:04:24","modified_gmt":"2024-02-26T09:34:24","slug":"parcl-announces-airdrop-for-defi-real-estate-traders-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/parcl-announces-airdrop-for-defi-real-estate-traders-crypto-news\/","title":{"rendered":"Parcl Announces Airdrop For DeFi Real Estate Traders – Crypto News"},"content":{"rendered":"
\n

Parcl, a Solana-based exchange facilitating trade in real estate indexes, has become the latest project to confirm an airdrop for early adopters.<\/p>\n

On Feb. 25, Parcl\u00a0 announced<\/a>\u00a0it will launch a PARCL token in April, allowing users to participate in governance as part of the project\u2019s roadmap towards progressive decentralization. The project said between 7% and 8% of the token\u2019s supply will be made available to its community, with between 10% and 12% of supply entering circulation in total at launch.<\/p>\n

\u201cHolders of PRCL will be able to participate in governance regarding certain parts of the Parcl Protocol,\u201d the project said. \u201cAdditionally, they will have access to enhanced utility across data and trading, including incentives within the Protocol ecosystem.\u201d<\/p>\n

Parcl said the token will also function as a gating mechanism unlocking access to high-quality real estate data, in addition to fuelling future protocol incentive programs that will be detailed at a later date.<\/p>\n

<\/p>\n

The airdrop announcement follows\u00a0 rampant speculation<\/a>\u00a0that a PARCL token could be in the works after the project\u00a0 launched<\/a>\u00a0its second campaign offering points to users from Jan. 26.<\/p>\n

Points<\/a>\u00a0have emerged in recent months as a popular mechanism that typically formalizes airdrop eligibility. Parcl innovated on the system by taking a \u201cconsistency snapshot\u201d on Jan. 24 in a bid to provide greater rewards to users that were active on its platform prior to the launch of its latest points campaign. Parcl\u2019s first points campaign kicked off in mid-December.<\/p>\n

The news follows other high-profile airdrops within the Solana ecosystem, including\u00a0 Jupiter<\/a>,\u00a0 Jito<\/a>, and\u00a0 Wen<\/a>.<\/p>\n

Parcl allows users to speculate on indexes tracking the residential real estate markets of various cities worldwide. “Rather than taking a physical home and putting it onto the blockchain, Parcl allows users to gain exposure to high-demand cities around the globe,\u201d\u00a0 said<\/a>\u00a0Trevor Bacon, the CEO of Parcl.<\/p>\n

The project launched its v3 iteration in November, precipitating its total value locked (TVL) to surge from a few thousand dollars to more than $75M. Parcl claims its markets currently boast an open interest of more than $50M.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Parcl, a Solana-based exchange facilitating trade in real estate indexes, has become the latest project to confirm an airdrop for early adopters. On Feb. 25, Parcl\u00a0 announced\u00a0it will launch a PARCL token in April, allowing users to participate in governance as part of the project\u2019s roadmap towards progressive decentralization. The project said between 7% and […]<\/p>\n","protected":false},"author":2,"featured_media":254270,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[274,273,272,244,266,271,268,270,269,267],"class_list":["post-254269","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-de-fi","tag-crypto-finance","tag-decentralized-finance","tag-liquidity","tag-metamask","tag-pancake","tag-slippage","tag-sushiswap","tag-tronlink","tag-trust-wallet","tag-uniswap"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/254269","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=254269"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/254269\/revisions"}],"predecessor-version":[{"id":254272,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/254269\/revisions\/254272"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/254270"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=254269"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=254269"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=254269"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}