US President Trump's crypto innovation has given global corporations the opportunity to embrace blockchain. Faced with such a huge cake, a public chain specifically designed for enterprise-level DeFi is bound to experience explosive growth.
A new star in this track, let's take a look at Pharos Network.
🍀 Project Background
@pharos_network established in 2024, is a modular and full-stack parallel L1 blockchain network founded by the former blockchain business leader of Ant Financial. It is designed for institutional-level physical assets and enterprise decentralized finance, with plans to achieve 50,000 TPS and extremely fast speed.
🚀 Financing Situation
Raised $8 million, led by top US venture capital Hack VC and Faction, with participation from institutions like MH Ventures, SNZ Holding, and Hash Global.
🪂 Airdrop Interaction
This OKX wallet speed-up event ends on July 24, with only 20 days to accelerate interactions to earn points at 1.2x speed. Go for it!
❤ After years of experience, I've summarized a bit of advice:
If you want to participate in testing, don't compete with studios on quantity. Retail investors are more suited for high-quality boutique account interactions. If the project team checks wallet transactions, high-quality wallets are more likely to benefit.
Without further ado, here are the interactive steps.
1⃣ Login task official website
https://testnet.pharosnetwork.xyz/experience?inviteCode=62NzdIYOuaan5Bvs
Use the @wallet OKX wallet for 1.2x points rewards, strongly recommended.
Official water claiming website:
https://testnet.pharosnetwork.xyz/
You need to bind Twitter to receive water, so pay attention to Twitter permissions. If a large account has completed the task, revoke the authorization.
2⃣ Interactive Tasks
The tasks are simple, only three types: Swap, LP formation, and social tasks. A single account can complete it proficiently in 5 minutes.
Except for binding Twitter every time you receive water, there are no other difficulties.
3⃣ Official NFT Minting
Use test water for free minting, make sure to do it!
https://app.grandline.world/
🔹 Note: Wallets can only claim 0.2 test coins per day and need to claim for 5 consecutive days before transferring.
Anyway, there's no limit, so don't transfer between wallets. What if a witch hunt happens?
After completing these tasks, remember to log in daily to earn points. You can operate on it every day.
✅ Summary
In my experience, there are two ways to play on the testnet: either create a boutique account or scale up with quantity. Everyone can do it in their own comfortable way.
Pharos is a layer-1 network, and I value its creation of the best real-world assets (RWA) and enterprise-level DeFi public chain. This narrative feels quite promising under the current bull market's stablecoin boom, and launching tokens on the mainnet saves money compared to Layer 2, those who understand will understand.
The project is still in its early stages, and there is a high probability of further financing later. We are accumulating blessings through testing and waiting for future rewards.
Just play around~