Pharos Network Launches $10 Million Initiative for On-Chain Financial Products
- Pharos Network has introduced “Native to Pharos,” a $10 million program to support early-stage teams developing on-chain financial products.
- The initiative is supported by partners including Hack VC, Draper Dragon, Lightspeed Faction, and Centrifuge.
- Focus areas include decentralized exchanges (DEX), RWA-integrated yield infrastructure, and prediction markets.
- The Pharos Incubator offers mentorship, technical resources, market entry support, fundraising advice, and access to legal and financial expertise.
- The first cohort will commence in Hong Kong through hackathons and ecosystem events.
Pharos Network’s new $10 million initiative aims to empower builders of on-chain financial products with comprehensive support and resources. The program emphasizes high-performance execution and compliance-aware design while fostering collaboration within the broader Pharos community.
Source (3.2)https://cryptobriefing.com/pharos-network-program-defi-assets/?rand=59535
