Pharos Tokenomics Revealed: The total token supply of PROS is 1 billion, with an airdrop allocation of 6%

BlockBeats News, April 21st. According to an official announcement, Layer 1 blockchain Pharos has disclosed the tokenomics of its token PROS, with a total token supply of 1 billion. The initial token supply is allocated as follows: Foundation Treasury 16%, Lab Co. Treasury 9%, Team 20%, Investors 20%, Ecosystem and Community 21% (including a 6% community airdrop: 1% unlocked at TGE, 5% for future community growth and airdrop incentives), and Node & Liquidity Incentives 14%.

Specifically, both the core team and private sale investors have a 12-month lock-up period followed by a 36-month linear release, with some Treasury and Incentive allocations extended to 48 to 60 months. PROS is used for transaction fees, PoS staking, validator participation, governance, ecosystem incentives, and potential RWA-specific use cases. The staking issuance policy is phased: zero inflation rate for the first six months post-mainnet launch, 5% annual inflation starting from the seventh month, which can be dynamically adjusted by the Foundation based on network operation conditions thereafter.

Pharos has deep connections with the Ant Group. In September last year, Yunfeng Financial announced a strategic investment in Pharos and entered into a strategic partnership with Ant Group's Ant Financial. Public information also shows that Pharos's Founder and CEO Alex Zhang previously served as CTO at AntChain; Pharos's Co-Founder and CTO Meng Wu was formerly the Chief Security Officer of Ant Financial's Web3 Business; Pharos's CMO Laura Shen previously served as Head of Solana Mobile Marketing at Solana Labs.