A new proposal is now live on Discourse covering the final phase of the V3 LP wind-down.
It includes a proposed extension for certain eligible V3 LP accounts, along with clarification on how inactive and small-balance accounts would be handled as V3 operations are closed out.
We encourage everyone to read the full proposal before voting.
@Verine40@Parcl This is only a reminder for LPs who still have funds (ethereum:0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48 ) in V3. It does not affect your staked PRCL, you can keep that staked.
V3 LP withdrawals close June 30.
If you still have funds in the V3 LP pool, please complete your withdrawal as soon as possible.
A 21-day countdown is now in effect as V3 enters its final wind-down phase.
@sk33997924@Parcl This is only a reminder for folks who still have funds in the V3 LP pool. Nothing to do with CEXs here.
Please send us a DM if you have any other questions
As part of the discretionary framework approved by the Parcl DAO vote on April 24, 2025, the @ParclFoundation has repurchased ~11.55M PRCL to date.
All repurchases are discretionary and held at: https://t.co/2BD9GV3Ody
1/ $PRCL claims for PPPS3 participants are now live.
40,000,000 $PRCL is available to 563 eligible wallets based on consistent activity throughout the season and post-season.
๐ค Whatโs next (V4)
V4 is a full rebuild:
โข Onchain order book execution
โข No passive LP dependency
โข Built on Parcl Chain with settlement on @solana
More details on V4 devnet and a paper trading competition soon.
Appreciate everyone who participated in V3.
If you need help at any point, please reach out to us for assistance.
๐ ๏ธ Parcl V3 Wind-Down: Whatโs Changing + Whatโs Next
Hey everyone - quick update from the Parcl Help team.
After 2+ years in production, Parcl V3 is being wound down as we transition to V4.
@Parcl V3 proved something most people didnโt think was possible: real estate price exposure onchain, with meaningful liquidity and real participation.
V3 highlights:
โข $5B+ total volume
โข $100M+ peak TVL
โข No loss of user funds
โข Reliable price feeds across markets
๐ V3 status (effective now)
โข Markets are close-only
โข No new positions can be opened
โข Deposits are paused
โญ๏ธ Next steps
โข Position wind-down starts on 04/20 (0 fees)
โข Margin withdrawals remain available anytime
โข LP withdrawals remain open for 6 months
Your funds are safe. This is a clean, orderly wind-down of V3 Dealflow in preparation for V4.
@AvvThEnTiK@Parcl@solana V4 is a big step forward, and PRCL is a core part of the system that continues to develop as things evolve, especially with Parcl Chain coming in.
Worth a read if you want to go deeper ๐
https://t.co/CwVKA7y7fK
Funding isnโt a fixed cost, itโs market driven and flows between longs and shorts. It also goes both ways. When the market price is above the index, longs pay shorts. When itโs below, shorts pay longs.
So over a 5 year hold, youโll have periods where youโre paying and periods where youโre receiving. Itโs not a one-way bleed like interest on a loan.
Thatโs really the point. You get real estate price exposure without a down payment, without a mortgage, without dealing with property management, and you can start with just a few hundred dollars.