Parcl announces the second PRCL community distribution details: PPP S1 allocation accounts for 6% of total supply
The Solana-based digital real estate investment platform, Parcl, has announced the details of its 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), with 4% of the tokens (40,000,000) being linearly distributed according to the S1 leaderboard and 2% of the tokens (20,000,000) allocated to S1 traders. Staking has begun; each epoch starts at UTC time on Thursday at 00:00 and a snapshot will be taken next Thursday (July 11th) to determine ownership schedule. The PPP Season 1 claim page will open on July 15th.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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