Pharos

Pharos is a modular, full-stack parallel Layer-1 blockchain. Its official materials position the network as infrastructure for real-world assets, stablecoins, payments and cross-chain liquidity, while its technical documentation divides the design into L1-Base, L1-Core and L1-Extension layers. The native asset is PROS, used to pay gas and intended to support staking, validator participation, delegation and governance.

The current product is the active Pharos mainnet, observable through Pharosscan and described in the network's developer documentation. Claims about specialized processing networks, broader restaking integrations, RWA-specific collateral and other expansion features should be read as architecture or planned/future functionality unless a live deployment is separately demonstrated.

Pharos targets the throughput, latency and interoperability constraints of financial applications that need on-chain settlement. Its stated approach combines parallel execution, dual EVM/WASM support, modular extension networks and sub-second finality for programmable payments and tokenized assets.

The project's RWA narrative also addresses access and compliance: the homepage advertises integrated ZK-KYC/AML modules and applications such as tokenized financial products, stablecoins and infrastructure assets. These are Pharos's product goals and positioning, not a representation that every listed asset, compliance module or financial product is already live on mainnet.

Pharos documents a three-part modular stack: L1-Base for data availability and hardware acceleration, L1-Core for the distributed high-performance blockchain, and L1-Extension for Special Processing Networks (SPNs), native restaking and cross-SPN interoperability. The homepage additionally advertises a dual EVM + WASM execution environment and parallel execution. The explorer confirms that a live Pharos mainnet uses PROS for gas and has active validators.

Official tokenomics defines PROS as the native coin rather than a claim on an RWA or a share of a company. It lists transaction fees, staking, validator participation/delegation, governance and ecosystem incentives as intended functions, with potential partial fee burns and potential RWA-specific uses subject to future governance. Genesis supply is 1,000,000,000 coins; future staking issuance may occur, with a stated 0% rate for the first six months after launch and 5% annually from month seven, adjustable by the Foundation. The reviewed sources do not provide a verified contract ABI or authoritative permission map for mint, pause, blacklist, upgrade, bridge-admin or emergency powers, so those controls should be treated as unverified rather than assumed absent or present. PROS ownership should not be described as legal ownership of tokenized assets or as a guaranteed revenue/redemption right.