Parcl, a Solana-based exchange specializing in real estate index trading, has announced a PRCL token airdrop for early adopters.
In a recent post on X , Parcl confirmed its plans to launch the PRCL token in April, allowing users to engage in governance as part of the project’s roadmap towards progressive decentralization.
The exchange aims to allocate between 7% and 8% of the token’s supply to its community, with a total of 10% to 12% of the supply entering circulation upon launch.
With the PRCL token, holders will have the ability to participate in governance decisions concerning specific aspects of the Parcl Protocol.
Additionally, token holders will enjoy enhanced utility in terms of data access and trading, including incentives within the Protocol ecosystem.
Beyond governance, the token will serve as a gateway to high-quality real estate data and fuel future protocol incentive programs, details of which will be disclosed at a later date.
Initial Distribution Details
Read more on cryptonews.com