PRC

How to Buy Parcl Real Estate Index (PRCL)

ParclReal Estate

This guide walks you through buying Parcl Real Estate Index (PRCL), a real estate asset on Parcl currently earning 0.00% APY. Follow these 5 steps to start earning yield on your investment.

1

Set Up a Wallet

To invest in PRCL, you need a compatible crypto wallet. We recommend MetaMask or Rabby for browser-based wallets, or Coinbase Wallet for mobile. Make sure your wallet supports solana. Write down your seed phrase and store it securely -- never share it with anyone.

2

Get Stablecoins

PRCL is typically purchased with USDC or USDT. You can buy stablecoins on any major exchange (Coinbase, Kraken, Binance) and send them to your wallet on solana. If you already have crypto, you can swap to USDC on a DEX like Uniswap or 1inch.

3

Complete KYC (If Required)

Good news: PRCL on Parcl does not require KYC verification. You can invest directly from your wallet without identity verification. Note that regulatory requirements may change, so check the protocol's current requirements before investing.

4

Connect to Protocol

Visit the Parcl platform at https://parcl.co and connect your wallet. Make sure you are on the correct network (solana). Review the terms and conditions carefully. Check that the URL is correct to avoid phishing sites -- always access the protocol through official links or bookmark the site.

5

Make Your Investment

Select PRCL from the available products and enter the amount you want to invest. Review the current APY (0.00%), any fees, and redemption terms before confirming. Approve the stablecoin spend and confirm the transaction in your wallet. Your yield will start accruing immediately after the transaction confirms.

Ready to invest in PRCL?

Start earning 0.00% APY on Parcl today.

Frequently Asked Questions

What is PRCL?

Solana-based real estate derivatives protocol enabling users to go long or short on real estate price indices for specific cities and neighborhoods. Synthetic exposure to real estate prices.

What APY does PRCL currently offer?

PRCL currently offers 0.00% APY. The 7-day average APY is 0.00% and the 30-day average is 0.00%. Yields can fluctuate based on market conditions.

Is KYC required to buy PRCL?

No, PRCL does not currently require KYC verification. You can invest directly from your wallet.

What chains is PRCL available on?

PRCL is available on solana.

PRCL Overview

Current APY
0.00%
TVL
$20.00M
Min Investment
None
KYC Required
No
Chains
solana
Risk Level
high risk
Audit Status
audited