Today, we are going to introduce a project that can be very interesting for anyone looking for future crypto airdrops.
Introducing Parcl: The Solana Protocol with a Points System
Parcl is a protocol on Solana that has recently announced the upcoming launch of a points system. Similar to other systems, users will likely earn points based on their activity level and deposited volume on the protocol.
In addition to the points system, Parcl currently offers competitions where participants can win rewards of up to $1000.
Discover in this guide how to be eligible for Parcl rewards and get ahead of its future token airdrop.
Key Points about the Parcl Airdrop:
- Project: Parcl
- Difficulty: Medium
- Cost: Paid
- Duration: 2-5 minutes
What is Parcl?
Parcl is a decentralized trading platform dedicated to the real estate market. Users can invest in cities worldwide with leverage of up to 10x. Currently, Parcl offers 6 markets, including Miami Beach and New York. The platform regularly introduces new cities to expand its global real estate portfolio.
Parcl also allows users to become liquidity providers, contributing to the protocol’s liquidity while generating passive returns in the long term. The markets on Parcl currently have an open interest of approximately $575,000, with nearly $1 million in total value locked.
How to Be Eligible for the Parcl Airdrop
To interact with the decentralized Parcl protocol, users need a Solana digital wallet. After downloading a wallet such as Phantom, Solflare, or Backpack, users can access Parcl through the provided link.
There are several ways to earn rewards on Parcl, such as trading on the perpetual market or providing liquidity as an LP provider.
Join the Parcl Contest
Parcl has launched its own competition where participants can win prizes. The current cash prize total is $7,600 plus 5 Vanta NFTs, with an additional $50 added for each new user who signs up and starts trading on Parcl.
To join the competition, users can visit the ‘contests’ section on Parcl’s website and click ‘Join Contest’ to confirm their participation.
Trading on Parcl
To trade on Parcl, users need to create an account and deposit funds in a decentralized manner. Users can browse through different markets and select their trading preferences. Once the order is completed, users can manage their positions by adding or withdrawing funds.
Adding Liquidity on Parcl
While adding liquidity is not directly related to the Parcl competition, it can enhance the chances of participating in future airdrops. By depositing USDC into the liquidity pool, users can optimize their potential rewards. Deposited funds cannot be withdrawn for at least 30 days.
Important Information about the Parcl Airdrop
While Parcl has not officially announced an airdrop, engaging with the platform early may provide access to additional rewards or points upon the system’s launch. To stay updated on major announcements, it is recommended to follow Parcl on Twitter and join their Discord server for assistance.