Parcl: Trading Real Estate Perps on Solana | Quick Hit

Trevor Bacon is the CoFounder and CEO of Parcl Labs. In this episode, we spotlight Parcl, a Solana DeFi app for trading real estate perps. Traders can speculate on rising and falling real estate markets using this decentralized perps exchange for real estate synthetics. With as little as $1, anyone can long or short city indexes that represent the aggregate value of city property prices in places like New York City, Miami Beach, Paris and more! Given its recent Parcl V3 launch, we'll cover all the basics to understand how Parcl works, including improvements and new features added to attract more liquidity and trade volume. ------ 🔗 Essential Show Links 🔗 ► Subscribe on Youtube: https://youtube.com/@defidad ► Subscribe on Apple: https://tinyurl.com/edgepod ► Subscribe on Spotify: https://tinyurl.com/edgepodspotify ► Subscribe on Linktree: https://linktr.ee/edge_pod ► Follow DeFi Dad: https://twitter.com/DeFi_Dad ► Follow Nomatic: https://twitter.com/Nomaticcap ► Learn about DeFi and Web3: http://defidad.com/ ------ The Edge Podcast Sponsor Resources 🦊 METAMASK PORTFOLIO | TRACK AND MANAGE YOUR WEB3 EVERYTHING 🥑 INSTADAPP | THE NEW AVOCADO WALLET AND MULTISIG ⚖️ KYBERSWAP | DEX AGGREGATOR, AMM, AND KYBER AI TRADING ANALYTICS 🥩 ETHER.FI | LIQUID STAKING AND RESTAKING ALL-IN-ONE 🙋‍♀️ Interested to sponsor The Edge Podcast? Fill this out! ------ Timestamps 00:00 - Intro 4:57 - Trevor's background and the origin of Parcl 13:31 - Sentiment shift on Solana 14:54 - Parcl price feeds 19:13 - Basics of trading Parcl real estate markets 23:13 - Three main improvements in Parcl V3 25:10 - Who uses Parcl? 26:15 - Risk in Parcl 28:38 - Unique use cases possible with Parcl 33:02 - Thoughts on a Parcl token 35:20 - Roadmap for next year 36:14 - Closing ------ 🔗 Guest Links 🔗 ► Parcl Website: https://parcl.co ► Parcl Labs Website: https://parcllabs.com ► Parcl on Twitter: https://twitter.com/parcl ► Trevor on Twitter: https://twitter.com/trevorjbacon ------ 🙏 The Edge Podcast is produced by 4RC Labs. If you're a DeFi/Web3 builder, contact our team at: https://fourthrevolution.capital/ All opinions expressed by hosts and podcast guests are solely their own opinions and not necessarily those of Fourth Revolution Capital. Podcast guests and 4RC may have positions in the assets or other matters discussed in this podcast. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Do your own research. This is not a recommendation or endorsement to buy any token(s) related to any platform(s) discussed.