Parcl operates as a decentralized automated market maker (AMM), offering “isolated pools” representing the real estate markets of various cities. Liquidity providers (LPs) contribute capital to these pools, making it possible for investors to trade. This system allows investors to trade in different markets and diversify their portfolios. The PRCL token underpins the Parcl ecosystem and provides governance rights, access to Parcl Labs data and analytics, and network incentives. Parcl makes investing in the real estate market more accessible and offers innovative features to investors.
PRCL, up 3.72% in the last 24 hours and at the time of writing, is among the day's risers. A leading stock exchange in the world announced that it will list the Solana-based Parcl (PRCL) token at 20.00 today. While PRCL deposits will open on December 16, transfers can only be made through the Solana network. Following the announcement, the PRCL price may be on the rise.
