According to Foresight News, Solana's real estate trading protocol, Parcl, has announced the launch of its PRCL token staking module. The company has reported that it has already staked 8.5 million tokens.

The official statement from Parcl indicates that users need at least 0.04 SOL for rent to stake in the smart contract. The tokens deposited will begin staking at the start of the next epoch, which is every Thursday at 8:00 Beijing time. To un-stake and withdraw the staked tokens, users will have to wait for two epochs, which is equivalent to two weeks.