Parcl Launches Parcl Perpetual Points Season 2 on July 2!

Bittime - Parcl announced the launch of its Season Two incentive program on July 2. The program will cover most of 2024, giving users the opportunity to collect Parcl Perpetual Points (PPP) in various ways.

Parcl Perpetual Points (PPP) Season 1

Season One has ended with significant participation from 80,000 users who each earned at least 20,000 points. Details of the prize allocation and distribution of Season One will be announced soon, along with the landing page and leaderboard for Season Two.

Parcl Perpetual Points (PPP) Season 2

Season Two incentive program Parcl offers a variety of ways for users to collect points, including:

• Transaction Fees: Users will earn 5,500 points for every dollar spent on transaction fees. This incentivizes users to actively transact within the platform Parcl.
• Negative Price Performance: Every dollar of loss or gain realized from negative price performance will award 100 points to the user. This encourages participation in diverse market conditions.
• Deposits in Pool LP: Every day, users will earn 8 points for every USDC deposited in the liquidity pool (LP). This helps increase the liquidity of the platform and provides benefits to contributing users.
• Margin Trading Account: Users will earn 4 points for every USDC used as collateral in all margin trading accounts. This supports higher trading activity and margin usage in the ecosystem Parcl.
• Permanent Points Program: Joining the permanent points program will provide a bonus of 10,000 points. This provides additional incentives for long-term committed users.
• Successful Liquidation: Each successful liquidation will earn 50,000 points. This encourages users to participate in liquidations and take advantage of opportunities within the market.

Why Are Incentive Programs Important?

Incentive programs like this are important to encourage user participation and ensure liquidity in the ecosystem Parcl. By giving points and prizes, Parcl creates motivation for users to actively participate, both in transactions, liquidity and margin trading. This not only increases transaction volume but also the overall stability and liquidity of the platform.

The launch of the Season Two incentive program by Parcl on July 2 marks an important step in the development of a blockchain-based real estate ecosystem within the Solana ecosystem. With various ways to collect points and attractive incentives, Parcl seeks to increase user participation and liquidity of its platform.

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