Parcl announces the details of the second PRCL community distribution: PPP S1 distribution accounts for 6% of the total supply, and the application p
Odaily2024/07/06 01:54
By:Odaily
Odaily News Parcl, the Solana ecosystem real estate digital investment platform, announced the details of the second PRCL token community distribution. The Perpetual Points Program (PPP) Season 1 distribution involves 6% of the total supply (i.e. 60,000,000 PRCL tokens), of which 4% of the tokens (40,000,000) are linearly distributed according to the S1 leaderboard, and 2% of the tokens (20,000,000) are allocated to S1 traders. To ensure the overall consistency of the ecosystem, this distribution includes vesting and streaming components. PRCL tokens will be divided into three vesting/streaming plans based on the amount of user staked. Staking has been enabled, and each epoch starts at 00:00 UTC on Thursday, and a snapshot will be taken next Thursday (July 11) to determine the vesting schedule. The PPP Season 1 claim page will be open on July 15.
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