Pharos Network Collaborates Exclusively with OKX Wallet to Launch "Stake Before the Stake": Earn Up to 16% APY by Staking Before Mainnet Launch
- Core Viewpoint: Pharos Network, a Layer 1 blockchain for RealFi, has announced the launch of the "Stake Before the Stake" incentive campaign exclusively supported by OKX Wallet. The initiative aims to establish a funding foundation and community consensus before the mainnet launch by offering high-yield staking.
- Key Elements:
- The campaign allows users to stake USDC via OKX Wallet, offering up to 16% annualized yield before the mainnet goes live, along with the opportunity to receive future token airdrops.
- The event will be conducted in phases, starting with a whitelist round before opening to the public. Staked assets will be migrated to the mainnet by July 20, 2026.
- Led by former Ant Group executives, Pharos Network boasts a strong team background and completed a $44 million Series A funding round in April 2026.
- The project is positioned as a financial Layer 1 for Real-World Assets (RealFi), combining a modular architecture with built-in compliance.
- The collaboration with OKX Wallet aims to leverage its ecosystem to provide an efficient and transparent participation experience for early users.
Hong Kong, April 13, 2026 — Pharos Network, a financial Layer 1 blockchain built for RealFi, today announced the launch of the "Stake Before the Stake" incentive campaign. Exclusively supported by OKX Wallet, this campaign aims to establish a capital foundation and foster community consensus ahead of the official launch of the Pharos mainnet.
Through a dedicated campaign page supported by OKX Wallet, users worldwide can participate in a structured staking framework to earn up to 16% Annual Percentage Yield (APY) and qualify for future Pharos airdrops. This campaign provides early adopters with a transparent and convenient entry point to integrate into the ecosystem before the launch of Pharos's "Pacific Ocean" mainnet.
The campaign will be rolled out in phases, starting with a limited whitelist round, followed by broader public access. Participants can stake USDC on the Ethereum network using OKX Wallet, with APY reaching up to 16% during the campaign period. Staked assets will be progressively migrated to the Pharos mainnet by July 20, 2026, where they will offer a combined APY of 14%.
Wish Wu, Co-founder and CEO of Pharos Network, stated, "This campaign is more than just a pre-staking incentive; it's a strategic step to prepare both capital and loyal users for the mainnet launch. By providing a clear, secure, and high-yield participation framework, we are aligning early adopters with the network's long-term vision."
As the official exclusive wallet partner for this campaign, OKX Wallet provides the essential infrastructure to simplify user participation and tracking. This collaboration allows Pharos to leverage OKX's robust ecosystem, offering early adopters an efficient and transparent experience while supporting the capital needs for the upcoming Pharos Pacific mainnet.
Learn more: https://x.com/pharos_network/status/2042157372240748850
About Pharos Network
Pharos Network is an inclusive financial Layer 1 blockchain for RealFi, where real-world value and institutional-grade assets circulate on-chain and combine with decentralized assets globally. Pharos combines modular architecture, deep parallel execution, and built-in compliance to power an asset-native ecosystem.
Founded by a former leadership team from Ant Group and led by CEO Wish Wu, the core team hails from Ant Group, Microsoft Research, and Stanford University, with deep backgrounds in blockchain infrastructure, formal verification, and zero-knowledge proof systems. The team previously built underlying infrastructure for Alipay and Asia's largest blockchain platform.
In April 2026, Pharos completed a $44 million Series A funding round with participation from Sumitomo Corporation CVC, crypto-native investment firm SNZ Capital, and Flow Traders. Previously, in November 2024, Pharos raised an $8 million seed round led by Lightspeed Faction and Hack VC, bringing the total funding to date to $52 million. The Pharos testnet went live in May 2025, enabling developers to begin building and testing applications on the platform.
