Pharos Mainnet Pre-Deposit Campaign Reaches $50M in Total Value Locked

Gate News, April 14 — Layer1 financial blockchain Pharos launched an RWA stablecoin pre-deposit campaign ahead of its mainnet launch, in partnership with a major CEX’s Web3 wallet.

The campaign offers a 100-day staking period with an annualized yield of 14-16%, backed by Pharos’ exclusive RWA assets and project subsidies. Users participating through the CEX wallet will receive exclusive airdrops.

The campaign saw strong demand: after a 24-hour whitelist round, the public round reached its staking cap within one hour. Total value locked has reached $50 million.

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