Last week, Parcl & Parcl Limited announced the PRCL token staking program, which will begin soon. Staking is foundational to align the ecosystem long-term and will underpin each of the core utilities of $PRCL; staking will effectively unlock all participation in the Parcl ecosystem, including governance, enhanced access to future protocol incentives, and Parcl Labs Data API access.

Key utilities of PRCL staking in its initial form can be found below. Note that more utilities could be added in the future.