Faroo Officially Launches stPROS, Opening a New Entry Point for Liquid Staking in the Pharos Ecosystem

Pharos ecosystem core liquid staking protocol Faroo officially launched the liquid staking token stPROS today. As the debut project of Pharos' official ecosystem incubation program, Faroo has simultaneously integrated into mainstream Web3 wallet ecosystems. Its dApp is now fully integrated and live on the Binance Web3 Wallet and OKX Web3 Wallet, allowing global users to one-click stake PROS and participate in ecosystem liquidity management through the built-in entry points of their preferred wallets, without complex network configurations.

Under traditional Proof of Stake (PoS) mechanisms, network staking is often accompanied by long-term asset lock-ups that limit capital efficiency. The launch of stPROS aims to eliminate this friction: while users stake PROS to earn network security yields, they receive the freely transferable and tradable liquid staking token stPROS, enabling seamless access to on-chain financial scenarios at any time.

Adopting Accruing Exchange Rates and Built-in Quick Redemption to Eliminate DeFi Integration Barriers

Unlike the "rebase" (Rebase) model that allocates yields by adjusting token balances, stPROS adopts the yield-bearing exchange-rate model which is better suited for DeFi portfolios:

Constant Account Balance: The number of stPROS in user wallets remains unchanged, completely eliminating bookkeeping distortion and slippage risks for Decentralized Exchanges (DEXs) and lending protocols during cross-contract settlements.

Internalized Yield Accrual: Staking rewards generated by network validators are automatically accumulated and reflected in the appreciation of the stPROS-to-PROS exchange rate, meaning each stPROS held can be redeemed for an increasingly larger amount of PROS over time.

Native Wallet Experience: Leveraging the built-in dApp browsers of Binance Web3 Wallet and OKX Web3 Wallet, users can seamlessly complete secure signature interactions within familiar mainstream wallet environments at any time.

Built-in Quick Redemption:If new tokens are minted during redemption order processing, the system prioritizes using these newly minted shares to fulfill redemptions, eliminating the need to wait for the original redemption cycle to conclude.

End-of-November Product Matrix Upgrade: Introducing tbPROS and the Faroo Points Incentive System

The launch of stPROS marks Faroo's first step in building the yield infrastructure for the Pharos ecosystem. According to the protocol's roadmap, Faroo will officially advance to the next phase of product upgrades by the end of November 2026, simultaneously rolling out two core modules: the RWA yield asset tbPROS and the Faroo Points incentive system.

Among these, tbPROS focuses on integrating native PoS staking with real-world asset (RWA) financial structures. By establishing a Hybrid Yield framework, it introduces robust yield generation backed by underlying cash flows for on-chain assets.

At the same time, the Faroo Points incentive system will also launch concurrently. This system will establish systematic contribution weights strictly across three dimensions: asset retention, product interaction, and ecosystem expansion, rewarding users who hold stPROS long-term and deeply participate in the protocol's early-stage ecosystem development.

Backed by Multi-Million Dollar Incubation and the Bifrost SLPx Technical Foundation

Financial backing and technical architecture are the core pillars of a liquid staking protocol's stable operation. As the inaugural selected project of Pharos' $10 million ecosystem incubation program, Faroo achieved a post-money valuation of $10 million. This incubation funding and ecosystem resources will primarily focus on guiding early-stage protocol liquidity, conducting security audits, and expanding across the entire chain ecosystem.

Regarding its underlying architecture, Faroo deeply integrates the SLPx technical module from Bifrost, the Polkadot ecosystem's cross-chain staking protocol. SLPx provides standardized interfaces for cross-chain communication and liquid staking asset minting, has been securely operating across multiple public networks for extended periods, and effectively reduces liquidity fragmentation and smart contract interaction friction in cross-chain staking.

Leveraging Pharos' high-performance network characteristics, Faroo has implemented custom optimizations targeting local validator nodes and state synchronization mechanisms. By reducing validation interaction latency and enhancing the finality of state settlement, this technological combination ensures financial-grade security for assets while significantly lowering users' network interaction costs, laying a solid foundational base for the protocol to handle larger volumes of on-chain capital.

About Faroo

Faroo is the native liquid staking protocol of the Pharos ecosystem. By deeply integrating underlying PoS staking yields with real-world asset (RWA) financial mechanisms, Faroo is committed to providing decentralized markets with a new-generation asset layer featuring native cross-chain composability and Hybrid Yields.