Pharos Network Launches Exclusive “Stake Before the Stake” Campaign on OKX Wallet, Offering Up to 16% APY to Support Mainnet Launch

April 13, 2026, Hong Kong — Pharos Network, an institutional-grade Layer 1 blockchain network purpose-built for RealFi, today announced the launch of its “Stake Before the Stake” incentive campaign. Exclusively supported by OKX Wallet, this initiative aims to lay the groundwork for the upcoming mainnet launch of Pharos and further strengthen community cohesion.

Through this campaign, users worldwide can participate in a structured staking framework to earn up to 16% APY and gain eligibility for future Pharos airdrops.

Simultaneously, the campaign offers early adopters a transparent and seamless entry point into the Pharos ecosystem, accelerating Pharos’ progression toward its Pacific Ocean mainnet phase.

The campaign will roll out in multiple phases, beginning with a whitelist round, followed by public access 24 hours later.

Participants can stake USDC on Ethereum via OKX Wallet, earning up to 16% APY during the campaign period. After the participation window closes on April 20, all staked assets will be migrated to the Pharos mainnet and locked until July 20, 2026, at which point the total annualized yield will be fixed at 14%.

On this campaign, Wish Wu, Co-Founder and CEO of Pharos, stated:

“This initiative is more than just a pre-staking incentive—it marks a critical step in fundraising for the Pharos mainnet and attracting loyal users. By offering a clear, secure, and high-yield participation framework, we tightly align early users with the network’s long-term vision.”

As the official exclusive wallet partner for this campaign, OKX Wallet will provide the necessary infrastructure to streamline user participation and tracking. This collaboration enables Pharos to leverage OKX’s robust ecosystem, ensuring early users enjoy an efficient and transparent experience while supporting the Pharos Pacific Ocean mainnet.

Learn more: https://x.com/pharos_network/status/2042157372240748850

About Pharos Network

Pharos Network is an inclusive Layer 1 blockchain purpose-built for RealFi (Real Finance), designed to enable real-world value and institutional-grade assets to flow freely on-chain and achieve global composability with decentralized assets. Pharos integrates a modular architecture, a deeply parallel execution engine, and built-in compliance modules to drive native asset ecosystem growth.

The team was founded by former core management members of Ant Group, led by CEO Wish Wu. Core team members hail from Ant Group, Microsoft Research, and Stanford University, bringing deep expertise in blockchain infrastructure, formal verification, and zero-knowledge proof systems. The team previously spearheaded infrastructure development for Alipay and Asia’s largest blockchain platform.

In terms of funding, Pharos announced a $44 million Series A round in April 2026. Earlier, in November 2024, it closed an $8 million seed round led by Lightspeed Faction and Hack VC. To date, Pharos has raised a total of $52 million. Its testnet launched in May 2025, enabling developers to begin building and testing applications on the platform.

Pharos completed its $44 million Series A funding round in April 2026, with participation from Sumitomo Corporation’s CVC, crypto-native investment firm SNZ Capital, and Flow Traders. Previously, in November 2024, the company raised $8 million in a seed round led by Lightspeed Faction and Hack VC. With this, Pharos’ total funding has reached $52 million. Its testnet went live in May 2025, allowing developers to start building and testing applications on the platform.