Creator rewards → city indices
Creator rewards converted into exposure to city home-price indices.
Index exposure via Parcl. No physical property ownership.
Portfolio / City indices
Track index exposure across eight housing markets.
City home-price index exposure via Parcl. No physical property ownership.
Engine / Stats
Square feet, position value and the index over time, plus every market the engine tracks.
Index exposure via Parcl. No physical property ownership.
How it works
The engine turns the coin's creator rewards into square feet of city home-price indices, every cycle, with a receipt at every hop.
The engine wallet claims the coin's creator rewards from pump.fun. SOL, on chain.
Everything above a gas reserve is swapped on Solana through Jupiter into USDC, the only collateral the Parcl bridge accepts. One transaction, the signature is the receipt.
The USDC is deposited into the Parcl bridge program on Solana (minimum $5 per deposit). The deposit is credited to the Parcl account owned by the very same key, so nothing is custodied by a third party in between.
Free collateral becomes long positions on the city indices in the target book, cheapest deficit first, with IOC market orders at 1x: notional equals collateral, no borrowing. One unit of a market is one square foot of its index.
Parcl Labs publishes each index once a day (7:50 AM ET). Positions are marked to that print; the only carry is the hourly funding rate. Square feet never get sold by the engine.
Every 10 minutes.
The market cards show photographs of each city from Unsplash, free to use under the Unsplash License.
Index exposure via Parcl. No physical property ownership. Not financial advice.
