Parcl protocol has officially launched its second community allocation of $PRCL tokens, commencing the distribution process for the Perpetual Points Program (PPP) Season 1 rewards.
This latest airdrop will allocate more than 6% of the total PRCL supply, complementing the initial 8% distributed previously. The claim page for PPP Season 1 will go live on July 15th, 2024.
The total allocation of 60,000,000 $PRCL will be divided into two segments: 40,000,000 $PRCL will be distributed linearly to users with over 50,000 points, and 20,000,000 $PRCL will be reserved for Parcl traders.
The $PRCL token currently trades at.18 with a fully diluted valuation (FDV) of $181 million.
According to details shared by Parcl protocol, The distribution introduces a new vesting mechanism to promote token price stability. Participants can accelerate their vesting schedules by staking more $PRCL . Three vesting schedules are available, ranging from 90 days for those taking over 50% of their allocation to 180 days for those taking less than 50%.
This latest airdrop will allocate more than 6% of the total PRCL supply, complementing the initial 8% distributed previously. The claim page for PPP Season 1 will go live on July 15th, 2024.
The total allocation of 60,000,000 $PRCL will be divided into two segments: 40,000,000 $PRCL will be distributed linearly to users with over 50,000 points, and 20,000,000 $PRCL will be reserved for Parcl traders.
The $PRCL token currently trades at.18 with a fully diluted valuation (FDV) of $181 million.
According to details shared by Parcl protocol, The distribution introduces a new vesting mechanism to promote token price stability. Participants can accelerate their vesting schedules by staking more $PRCL . Three vesting schedules are available, ranging from 90 days for those taking over 50% of their allocation to 180 days for those taking less than 50%.
9 months ago
