Pharos Chain Sets 1 Billion PROS Supply With 6% Airdrop for Community

Layer 1 public chain Pharos officially announced the tokenomics for its native token $PROS, setting a total supply of 1 billion and allocating 6% for a community airdrop.

The details were released in an official announcement from the Pharos Foundation, outlining the distribution strategy aimed at fostering long-term growth and decentralization. "This tokenomic structure is designed to build a robust and engaged community from day one," the foundation's statement said.

The initial allocation is structured as follows: 20% for the team, 20% for investors, 16% for the foundation treasury, 9% for a lab treasury, 21% for ecosystem and community development (including the 6% airdrop), and 14% for node and liquidity incentives.

The 12-month lock-up and subsequent 36-month linear release for team and investor tokens is a critical mechanism to prevent immediate sell-pressure and align early backers with the project's long-term success. This structure, combined with the significant airdrop, is likely to generate considerable interest from both airdrop hunters and developers, potentially driving initial on-chain activity and user adoption for the new network. The key challenge will be converting this initial hype into a sustainable and active developer and user base on the Pharos chain, especially in a competitive L1 market that includes established players like Ethereum and Solana.

This article is for informational purposes only and does not constitute investment advice.