Pharos Announces Public Sale Details, Offering 0.1% of Total Supply to Raise Approximately $1 Million
According to an official announcement, Pharos has unveiled the details of its public PROS token sale, offering 0.1% of the total token supply, with a target fundraising amount of approximately $1 million. The base price is set at $1.00 per token, and the subscription range per entity is $100 to $50,000.
This sale requires mandatory KYC/KYB verification on Sonar and offers two vesting options: no lock-up or a 6-month lock-up (priced at $0.80 per token). In the event of oversubscription, priority will be given to smaller subscriptions; any excess funds will be automatically refunded after the sale concludes. Registration opens on April 20.