PROS
Pharos
$0.4245
0.04%
Pharos
PROS
$0.4245
0.04%
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Pharos Information
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About Pharos
Pharos (PROS) is the native coin of the Pharos network, an EVM-compatible layer-1 blockchain built for real-world assets, payments and cross-chain liquidity. Pharos is designed to support tokenised financial products, stablecoins, compliant finance, payment settlement and onchain applications. PROS is used to pay gas fees, interact with applications and support network activity on the Pharos Pacific Mainnet. The network uses proof-of-stake consensus and supports developer tooling for smart contracts, tokens, NFTs and decentralised applications.
Pharos is an EVM-compatible layer-1 blockchain built for real-world assets, payments and cross-chain liquidity. It is designed as a financial infrastructure network where tokenised assets, stablecoins, payment flows, applications and compliance tools can operate in a shared onchain environment.
The network uses a modular architecture, deep-parallel execution, dual virtual machine support for EVM and WASM and built-in compliance components. Its design includes Special Processing Networks, which are application-specific networks connected to the Pharos mainnet, with their own execution engines, validator sets, restaking incentives and governance.
PROS is the native coin of the Pharos Pacific Mainnet. The mainnet has Chain ID 1672, uses PROS as its coin symbol and connects through the Pharos RPC and PharosScan block explorer.
PROS is used as the native asset of the Pharos network. It is used to pay gas fees, interact with applications and support network activity on the Pharos Pacific Mainnet.
Pharos supports onchain financial use cases including tokenised financial products, instant payments, compliant finance, infrastructure assets and stablecoins. The network is designed to support cross-border settlement, tokenised yield and investment strategies, digital identity, zk-KYC, programmable AML and real-world collateral-backed stable assets.
Validators secure the network through a Byzantine fault-tolerant proof-of-stake protocol. Validator nodes process transactions and can receive revenue from transaction fees, staking rewards and restaking-related activity.
Developers can use Pharos to deploy smart contracts, tokens, NFTs and decentralised applications through EVM-compatible tooling, including JSON-RPC, Foundry, Hardhat and Rust-based development flows.
Pharos was founded by former Ant Group leadership. The project’s public materials identify Wish Wu as co-founder and CEO of Pharos.
Pharos has raised external funding, including an $8 million seed round backed by Hack VC, Faction VC and other investors. The project also states that it has partnered with Ant Digital Technologies and is incubating a real-world asset exchange pipeline.
