Genais

🏡 669 single-family homes have traded on Parcl since #ParclV3 launched in November 1️⃣ Total sq.ft traded on Parcl V3 to date: 1,037,414 2️⃣ The median size of a single-family home home in the US: 1,550 sq.ft 1 / 2 = The magic number of 669 🪄 A few other highlights from the Parcl journey thus far: → Total Open Interest: ~$170 million 🔥 → Total Value Locked: ~$132 million 🔥 Start trading on Parcl ✅ Short/long with geographic precision. This is not possible with any other existing instrument. ✅ Start trading with as little as $1, with up to 10x leverage. ✅ Participate in real estate market growth in ways other than trading. Become a liquidity provider and underwrite all the trades happening in the different markets, aided by the best-in-class risk management systems. ✅ Earn Parcl Points for every trade you make and every trade you underwrite. Try out the Parcl dApp here: app.parcl.co

❓ London in GBP vs. USD Compared to Paris, London's performance in USDC aligns more closely with its performance in GBP terms. But, there are periods of deviation. In 2022-24, GBP declined against USD. A GBPUSD short would have been necessary to capture true LDN performance.

Time to vote 🗳️ 1️⃣ I am interested in trading Paris & London ASAP, even if traded in USDC, & I need to consider forex risks separately 2️⃣ I am interested only if the Parcl dApp has a native solution for fx 3️⃣ Not interested in either index Voting instructions below 👇

Please join us in the Parcl Discord (#Announcements channel) to cast your vote. The vote will be open through the end of the week. Remember, your feedback is essential as Parcl becomes a truly global venue for real estate exposure. discord.gg/parcl

Parcl community, do you want to trade Paris & London? Would you prefer to trade these feeds in USDC or explicitly incorporate the native currency? Here's your chance to vote on it! 🗳️ We need your input, but ONLY AFTER you read the FULL thread 🧵

Let's analyze the risks. ❓ Paris in EUR vs. USD Since mid-2017, the Paris price feed has risen less than 10% in USD terms. In EUR terms, it is up ~40%. A trader long Paris in USDC would have wanted to short the EURUSD cross (or long USDEUR) to realize true performance.

🔍 New market announcement: Washington D.C. 🏛 Come for the monuments, stay for the political thrillers. Aaron Sorkin's perpetual muse. Users can now get exposure to White House-adjacent residential real estate for as little as $1. Index price: $499/ft 1Y Performance: -1.38%

💸 Maker Fee: 2 bps 💸 Taker Fee: 15 bps Traders who balance the skew (reducing difference b/w long and short positions) are incentivized with a smaller Maker Fee, while traders who imbalance the market are penalized with a larger Taker Fee.

Check out Parcl here 👉 parcl.co

Check out Parcl here 👉 parcl.co