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Project Overview
Pharos is an Ultra-fast, EVM-compatible, Internet Scale Blockchain, elevating payments and applications with trustless and decentralization. Founded by ex-blockchain leaders from Ant Financial and Alibaba, Pharos aims to build the best chain for RWAs and enterprise-grade DeFi, achieving the highest EVM Layer-1 performance with 50K TPS
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Pharos Partners with R25 to Launch pRNH Vault, Providing Eligible Users with On-Chain Access to US High-Yield Corporate Bonds
Odaily News – Pharos Network has announced the launch of the pRNH Vault, powered by the R25 protocol, offering eligible users an on-chain channel to invest in US high-yield corporate bonds.The Vault's underlying assets are connected to the NYLIM Anemoy US High-Yield Corporate Bond Independent Portfolio (HYB), co-initiated by NYLIM and Anemoy, with tokenization technology provided by Centrifuge. Users can deposit USDC into Pharos and exchange it for pRNH tokens via R25, gaining indirect exposure to HYB assets.The Vault targets a scale of $100 million, with an estimated annualized yield of approximately 7%. It imposes no hard lock-up period and incorporates agent-assisted features covering credit screening and liquidity monitoring within its architecture.
Pharos Network Officially Launches Alpha Summer, Ushering in a New Paradigm of “On-Chain Living Economy”
Pharos has officially launched Alpha Summer, centered on the theme “PROS Never Sleeps,” positioning its native token $PROS as the economic engine driving onchain economic vitality this summer—and thereby building a truly self-sustaining, circular onchain economy. Alpha Summer will unfold across three mutually reinforcing components, with each pillar serving a distinct function: prediction markets, developer applications, and real-world yield—collectively representing Pharos’ comprehensive implementation of a “living onchain economy.”