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<a href="https://bitcoinworld.co.in/parcl-announced-airdrop-for-defi-real-estate-traders/" title="Parcl Announced Airdrop For DeFi Real Estate Traders" rel="noopener noreferrer nofollow"></a>
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 <li style="font-weight: 400">Parcl has announced to drop about 7% to 8% of its token’s supply in an airdrop for DeFi real estate traders in April.</li>
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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&nbsp; <a href="https://twitter.com/ParclLimited/status/1761893345591218193" rel="noopener noreferrer nofollow">announced</a> it will launch a PARCL token in April, allowing users to participate in governance as part of the project’s roadmap towards progressive decentralization.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Introducing PRCL
 Coming in April, the PRCL Network Token symbolizes a primary step towards the progressive decentralization of the Parcl ecosystem.
 Learn more below <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f9f5.png" alt="🧵" class="wp-smiley" style="height: 1em; max-height: 1em;">
 — Parcl Limited (@ParclLimited) <a href="https://twitter.com/ParclLimited/status/1761893345591218193?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 25, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
The project said between 7% and 8% of the token’s supply will be made available to its community, with between 10% and 12% of supply entering circulation in total at launch.
“Holders of PRCL will be able to participate in governance regarding certain parts of the Parcl Protocol,” the project said. “Additionally, they will have access to enhanced utility across data and trading, including incentives within the Protocol ecosystem.”
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.
The airdrop <a href="https://www.parcl.co/blog/parcl-points-season-2" rel="noopener noreferrer nofollow">announcement</a> follows&nbsp; rampant speculation that a PARCL token could be in the works after the project launched its second campaign offering points to users from Jan. 26.
See Also: <a class="row-title" href="https://bitcoinworld.co.in/starknet-token-plummets-over-60-value-amidst-airdrop-controversy-and-sell-offs/" aria-label="“Starknet Token Plummets Over 60% Value Amidst Airdrop Controversy And Sell-Offs” (Edit)" rel="noopener noreferrer nofollow">Starknet Token Plummets Over 60% Value Amidst Airdrop Controversy And Sell-Offs</a>
Points have emerged in recent months as a popular mechanism that typically formalizes airdrop eligibility.&nbsp;
Parcl innovated on the system by taking a “consistency snapshot” 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’s first points campaign kicked off in mid-December.
The news follows other high-profile airdrops within the Solana ecosystem, including&nbsp; Jupiter,&nbsp; Jito, and&nbsp; Wen.
Parcl allows users to speculate on indexes tracking the residential real estate markets of various cities worldwide.&nbsp;
“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,”&nbsp; said Trevor Bacon, the CEO of Parcl.
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.&nbsp;
Parcl claims its markets currently boast an open interest of more than $50M.
<blockquote>
 Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
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Parcl Announced Airdrop For DeFi Real Estate Traders

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