Parcl Testnet 3.0 Live

Blokdrops 🦧
3 min readJun 30, 2022

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What Is Parcl ?

‍‍Parcl is a seed-funded synthetic asset protocol that is on a mission to deliver real estate to everyone. The protocol allows for the creation of “Parcls” — smart contracts that are representative of the average price per square foot of real estate in a given geographical area.

Steps Are As Follows.

1. Add Funds Using Faucet

Add both USDC and SOL Testnet coins via the “Faucet”page. Connect your Phantom wallet to the Testnet page and simply deposit the desired Testnet amount of USDC and SOL.

Faucet Link

2. Trade.

The Trade page allows you to trade your USDC for a Parcl of a specific neighborhood. We Will Trade 1000 usdc to Miami Beach.

3. Pool

On the Pool page, you’re able to supply Parcls for traders to buy and sell in exchange for trading fees.
Providing liquidity is a more advanced way to participate in Parcl by providing liquidity for the AMM.

  • Select Your Swapped Token Pool and open a pool in it for ex I did miami pool .

New Select the amount and approve the transaction ( you can claim more usdc from faucet ).

4. Borrow

On the Borrow page, you can deposit USDC as collateral, against which you can borrow Parcls ( for ex we did miami beach ).

Please same pool as u opened position for ex we did Miami Beach.

And Its Done .
Do It Now in my opinion.

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