Pharos has announced the tokenomics for its PROS token, with a total supply of 1 billion. Allocations include 16% for the Foundation Treasury, 9% for Lab Co. Treasury, and a 12-month lock-up for team and investors. The token will be used for various applications, with a phased inflation policy starting at 5% after six months.

Pharos has detailed the public sale for its PROS token, aiming to raise $1 million by offering 0.1% of total supply at $1.00 per token. Participants must complete KYC/KYB verification and can choose between lockup options. Registration began on April 20.

Topnod has partnered with Layer1 blockchain Pharos, providing a user-friendly self-custody wallet that simplifies access to real-world assets. It will support Pharos's airdrop activities and facilitate the distribution of RWA assets on the Pharos chain.

Pharos launched an RWA stablecoin pre-deposit campaign ahead of its mainnet debut, offering a 100-day staking period with 14-16% yield. The campaign quickly reached its staking cap, attracting $50 million in total value locked.

Pharos Network announces the completion of a $44.0 million Series A round, led by multiple top-tier institutions, with funds to be used to build real-world asset infrastructure. Previously, Pharos had completed an $8.0 million seed round, bringing total funding to $52.0 million. The testnet is scheduled to go live in May 2025.

Pharos announced a partnership with Anvita at the RWA Summit in Cannes, France, to explore the fusion of AI and real-world assets. Anvita Flow, introduced by Anvita at ETHCC, will provide technical support for Pharos, enabling agent collaboration and value settlement.

Pharos Network announced that it will deploy the USDC and Circle cross-chain transfer protocol, providing stablecoin settlement functions and cross-chain capital flow. Developers can build lending markets and financial products on it, institutional capital can access compliant RWA markets, and users will expand financial opportunities.

BlockBeats news, on March 27, Circle announced that USDC and CCTP will soon be launched on the Pharos Network. The world's largest regulated stablecoin and secure cross-chain settlement infrastructure will be integrated into Pharos. Pharos is built specifically for applications such as tokenized RWA, institutional-standard DeFi, and stablecoin payments.

A Texas court dismissed cryptography developer Michael Lewellen's lawsuit, stating that he failed to demonstrate a credible threat and that the Department of Justice has taken a lenient stance on related litigation. The case was closed with a "dismissal without prejudice," allowing Lewellen to refile an amended complaint.

Gate News Announcement, March 11, RWA infrastructure project Pharos announced that compliant digital asset custody provider Anchorage Digital will provide regulated minting, distribution, and custody services for its TGE (Token Generation Event). Anchorage Digital is the first digital asset institution in the United States to obtain a federal banking license.