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

Faroo, a Core Liquid Staking Protocol in the Pharos Ecosystem, Officially Launches Liquid Staking Voucher TodaystPROS. As the inaugural project of the official Pharos ecosystem incubation program, Faroo has simultaneously established entry points in mainstream Web3 wallet ecosystems. Its dApp has been officially integrated and launched in Binance Web3 Wallet and OKX Web3 Wallet, allowing users worldwide to stake PROS with one tap through built-in wallet entry points without cumbersome network configuration and participate in ecosystem liquidity management.

Under the traditional Proof-of-Stake (PoS) mechanism, network staking often involves long asset lock-up periods, limiting capital efficiency. The launch of stPROS aims to address this friction: while staking PROS to earn network security rewards, users receive the freely transferable and tradable liquidity token stPROS, enabling access to on-chain financial scenarios at any time.

Adopts an exchange-rate accrual and native instant redemption mechanism to remove DeFi access barriers.

Compared with the rebase model that distributes yield by adjusting token supply, stPROS adopts a more DeFi-portfolio-friendlyexchange-rate appreciation mechanism (Yield-bearing exchange-rate model）：

• Constant account balance:The amount of stPROS in users' wallets remains unchanged, fully avoiding accounting distortions and slippage risks during cross-contract settlement on decentralized exchanges (DEXs) and lending protocols.
• Native yield conversion:Staking rewards generated by network validation are automatically accrued and reflected in the growing stPROS-to-PROS exchange rate, so the amount of PROS redeemable for each stPROS held increases continuously over time.
• Native wallet experience:Leveraging the built-in dApp browsers of Binance Web3 Wallet and OKX Web3 Wallet, users can complete secure signing interactions anytime within familiar mainstream wallet environments.
• Native instant redemption:If new minting occurs while a redemption order is being processed, the system can prioritize using the newly minted shares to complete redemption without waiting for the original redemption period to end.

End-of-November product matrix upgrade: introducing tbPROS and the Faroo Points incentive system

Launching stPROS is the first step in Faroo's build of yield infrastructure for the Pharos ecosystem. According to the protocol roadmap, Faroo will officially advance the next phase of product upgrades at the end of November 2026, simultaneously launching two core modules: the RWA yield asset tbPROS and the Faroo Points incentive system.

Among them, tbPROS is dedicated to exploring the combination of native PoS staking with real-world asset (RWA) financial structures, introducing a stable yield form backed by underlying cash flows for on-chain assets by building a Hybrid Yield framework.

At the same time, the Faroo Points incentive system will also launch concurrently. The system will strictly build systematic contribution weights around three dimensions: asset retention, product interaction, and ecosystem expansion, providing points rewards for users who hold stPROS long term and deeply participate in the protocol's early ecosystem development.

Backed by a USD 10 million incubation endorsement and the Bifrost SLPx technology foundation

Financial support and technical architecture are the core foundations for the sound operation of liquid staking protocols. As the first selected project of the Pharos USD 10 million ecosystem incubation program, Faroo reached a post-investment valuation of USD 10 million. The injection of this incubation capital and ecosystem resources will focus on early protocol liquidity bootstrapping, security audits, and full-chain ecosystem expansion.

At the underlying architecture level, Faroo deeply integrates the SLPx technology module of Bifrost, a full-chain staking protocol in the Polkadot ecosystem. SLPx provides standardized interfaces for cross-chain communication and liquid staking asset minting, has achieved long-term secure operation across multiple public blockchain networks, and can effectively reduce liquidity fragmentation and smart-contract interaction friction in cross-chain staking.

Leveraging Pharos's high-performance network characteristics, Faroo has further customized optimizations for local validation nodes and state synchronization mechanisms. By reducing validation interaction latency and strengthening the finality of state settlement, this technology stack ensures financial-grade security on the funds side while significantly compressing users' network interaction costs, laying a foundational basis for the protocol to support larger-scale 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 next-generation asset layer featuring native cross-chain composability and Hybrid Yield.

Source: 深潮 TechFlow