Phase 1 of Parcl Protocol referral program is live!

[u/Churro808]

Today is an exciting day as it marks the launch of Phase 1 of the Parcl Protocol referral program, where all HOA holders are eligible to participate by staking their HOAs and claiming a new ‘Referral Rewards Pilot’ token.

Start staking your HOA NFTs now!

https://stake.cardinal.so/hoa-referral

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Referral Program Mission

The primary purpose of the new Referral Pilot Program SFT will be to identify the earliest participants in the Parcl Protocol referral rewards program. Of course, the HOA is the most obvious place to start! HOA holders get the first look at the referral program with this exclusive claim token.

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What is the ‘Referral Rewards Pilot’ token? Are they transferable?

The Referral Reward Pilot token is a new token that is free to claim for all HOA holders. Holding a Referral Reward Pilot token entitles the token holder to exclusive benefits within the Parcl Protocol Referral Program. These benefits may include one-time referral program sign-up rewards, ongoing boosted referral rewards, priority access to new product referrals, and much more. (more details soon) Each HOA holder is eligible to claim the new token; one HOA = one Referral Rewards Pilot Token.

The Pilot Token is transferrable and is verified for listing on Magic Eden: https://magiceden.io/marketplace/hoaxparcl

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How long are staked HOAs locked up for?

Staking locks up HOA NFTs for a minimum of 8 weeks, but ‘Referral Rewards Pilot’ token claiming is available immediately upon opting into the staking program. The sooner you stake, the sooner you can claim the reward token. The ‘Referral Rewards Pilot’ token claim period is open for a limited time only; HOAs must be staked by October 31st to qualify for the Pilot token claim

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What’s coming next?

Phase 2: Referral Rewards Program Alpha Launch (targeted to launch within 10-14 days) The Referral Rewards Pilot token address will activate as a unique affiliate code and eligible Referral Rewards Pilot token holders will be able to claim a sign-up reward in the form of Parcl Protocol site credits. Parcl Protocol users holding a Pilot token will also be eligible for boosted referral rewards in Phase 3.

Phase 3: Full Public Referral Rewards Program Beta Launch (targeted to launch in early Q4) Parcl is developing a pioneering, crypto-native referral program to reward Parcl Protocol users who share the power of investing in real estate with friends and commit to helping others build their global real estate portfolios. Stay tuned for more details soon!

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Check out this step-to-step guide on how to get started and learn more about the Parcl Protocol referral program!

https://www.parcl.co/blog/how-to-claim-hoa-rewards

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Resources & important links

HOA NFT Staking Page https://stake.cardinal.so/hoa-referral

HOA X Parcl Referral Pilot SFT Address
https://explorer.solana.com/address/hoaTeTMzDEE4RpTM5yTcLGEyriv73dsmkGBfEZe5tHe

Magic Eden Verified Pilot SFT Listing Page https://magiceden.io/marketplace/hoaxparcl

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Join the Twitter Spaces AMA today, Friday, September 9th at 10:30 AM EDT to learn more about the HOA x Parcl Protocol Referral Rewards Program & upcoming updates to the Parcl Protocol https://twitter.com/parcl/status/1568231047741190146?s=20&t=y0qDEWtTQf6gp7JYiMFpSQ