Pharos Networkthe Financial Layer 1 blockchain designed for RealFi, announced the launch of its “Stake Before the Stake” incentive campaign. Supported exclusively by OKX Wallet, this strategic initiative aims to establish a capital base and drive community alignment ahead of the upcoming Pharos Mainnet launch.
Through a dedicated campaign supported by OKX Wallet, global users can participate in a structured staking framework to earn up to 16% annualized yield (APY) and qualify for future Pharos airdrops. The campaign provides a transparent and accessible entry point for early adopters to engage with the Pharos ecosystem as it moves towards its Pacific Ocean Mainnet release.
The campaign will be introduced in phases, starting with a limited whitelisting cycle before opening up to the wider public. Participants will be able to stake USDC on Ethereum using OKX Wallet, with returns of up to 16% APY during the campaign period. The staked assets will then be transferred to Pharos Mainnet until July 20, 2026, offering a gross APY of 14%.
Pharos co-founder and CEO Wish Wu commented: “This initiative represents more than an advance incentive for participation, but a strategic step in preparing the Pharos mainnet with both capital and committed users. By providing a clear, secure, and high-return framework for participation, we are aligning early adopters with the long-term vision of the network.”
As the exclusive official wallet partner of this campaign, OKX Wallet provides the essential infrastructure to streamline user participation and tracking. This collaboration allows Pharos to leverage OKX’s robust ecosystem, ensuring an efficient and seamless experience for early adopters as they meet the capital requirements of the Pharos Pacific Ocean mainnet.
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About the Pharos network
Pharos Network is an inclusive financial layer 1 for RealFi, where real-value, institutional-grade assets flow on-chain and compete with globally decentralized assets. Pharos combines modular architecture, deeply parallel execution, and built-in compliance to power native asset ecosystems.
Founded by former Ant Group leadership, led by CEO Wish Wu, the team includes pioneers from Ant Group, Microsoft Research and Stanford, with deep experience in blockchain infra, formal verification and ZK systems. The team built the infrastructure for Alipay and Asia’s largest blockchain platform.
Pharos secured a $44 million Series A round raised in April 2026, joined by Sumitomo Corporation’s CVC, crypto-native investors SNZ Capital and Flow Traders, following an $8 million round raised in November 2024 led by Lightspeed Faction and Hack VC, bringing total funding to date to $52 million. The Pharos Testnet went live in May 2025, allowing developers to start building and testing applications on the platform.
