Parcl: Season 1 Points Program will distribute 11.5 million tokens to over 3,000 wallets

PANews reported on July 16 that the Solana-based real estate platform Parcl announced the distribution and unlocking schedule for the first season of the "Perpetual Points" plan. More than 3,000 wallets will be eligible to receive more than 11.5 million tokens.

The claim will be unlocked in three phases: Phase 1 (July 15 to September 29): the eligibility condition is to stake at least 50% of the PPP Season 1 allocation; Phase 2 (October 1 to November 30): the eligibility condition is to hold 50% to 99.9% of the PPP S1 allocation; Phase 3 (December 1 to December 31): the eligibility condition is to stake less than 50% of the allocation, and all unlocking plans will be completed before December 29, 2024. Users can claim tokens through the "points" function of the DApp, and staking will start every Thursday at 8:00 Beijing time.

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