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

ChainCatcher message, based on Solana's real estate platform Parcl announced the distribution and unlocking schedule for the "Perpetual Points" program Season 1, with over 3,000 wallets eligible to receive more than 11.5 million tokens.

The claiming will be divided into three phases:

Phase 1 (July 15 to September 29): The eligibility requirement is to stake at least 50% of the PPP Season 1 allocation;

Phase 2 (October 1 to November 30): The eligibility requirement is to hold 50% to 99.9% of the PPP S1 allocation;

Phase 3 (December 1 to December 31): The eligibility requirement is to stake less than 50% of the allocation, and all unlocking plans will be completed by December 29, 2024.

Users can claim tokens through the "Points" feature of the DApp, and staking will begin at 8:00 AM Beijing time every Thursday.