How to farm the Parcl airdrop

A 5-minute setup with low maintenance
Image: Parcl

What is Parcl?

Parcl Protocol is a Solana app that allows users to trade tokenized real estate markets with leverage. This allows users to speculate on real estate prices from as little as $1.
Airdrop wise it’s a great passive farm if you have a little bit of capital and don’t want to interact daily.
Stats

• Raised 11.5M
• 65M+ Total Value Locked (TVL)

What are the chance of an airdrop?

An airdrop is likely given:

• VC funding including Archetype, Solana Ventures, and Coinbase Ventures
• An existing points program

The Points Program is poised to significantly enhance the trading experience on Parcl, rewarding every strategic action on the platform. Points provide a quantitative answer to the question of how much a user has contributed to the Parcl ecosystem’s success thus far and in the future. Happy trading!

VCs will need a return on investment, and the most likely path is a token distribution favouring those with points.

How do I earn points?

1. Fund your Solana wallet with SOL and USDC
2. -SOL is used for gas
3. -USDC is used for liquidity and trading
4. Liquidity path: deposit USDC into the liquidity pool
5. Trading path: press trade on any active market and follow the prompts
6. Boost your earnings by 5% with a referral code: ‘wagmiwojak’

Parcl also has trading contests that reward USDC and points.

Tips for farming effectively

Providing liquidity is the easiest method if you’re looking for a simple setup.
Here’s an example:

• Depositing 100 USDC will earn 400 points daily
• Note: You’ll be unable to withdraw your liquidity (USDC) for 30 days if you choose to provide liquidity.

Opening a leveraged trade will earn more, however, is a riskier option.