Parcl Team

Feb 28, 2024

Parcl Team

Feb 28, 2024

Parcl Team

Feb 28, 2024

Parcl Points Season 3: The Final Chapter

Parcl Points Season 3: The Final Chapter

Season Three introduces more ways to earn Points, more loyalty & consistency boosts, increased yields for LPs, enhanced dApp UI, new markets, and much more.

Parcl Points Season 3: The Final Chapter

TLDR

  • The final season of Points is launching on Friday, March 1st, 2024

  • Core Points rates increasing slightly. LPs will now earn 5 Points per USDC per day (up from 4). Trading 2.5 Points per USDC per day (up from 2). The HOA boost is unchanged at 20% for the first and 5% thereafter.

  • Liquidation Facilitators: a new way for technical users to earn Points. Each successful liquidation will earn 50,000 Points.

  • A Consistency & Loyalty snapshot was taken on 2/23 (midday UTC). The boost rates & qualification details can be found in the table below. HOA holders with at least 70% of the HOAs held on 1/24 are eligible for a maximum boost (30%).

  • Exchange Settings: Taker fee rising from 10bps to 15bps. The maker fee is unchanged at 2bps.

  • UI/UX: The LP Migration unlocks powerful tools for LP performance analysis and market insight, featuring LP Share Price Charts and historical data on trading volumes and fees.