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Binance Sign Up Promotion

Pharos

What is Pharos?

Pharos is a modular and full-stack parallel L1 blockchain network designed to enhance blockchain scalability and interoperability. The platform is structured into three distinct layers: L1-Base, L1-Core, and L1-Extension, each serving specific functions within the ecosystem. This architecture allows for greater flexibility and specialized performance across different blockchain operations.

The platform is compatible with restaking protocols like Babylon and Eigenlayer, allowing users to leverage their assets across multiple protocols. Pharos has successfully raised $8M in seed funding from prominent investors including Faction, Hack VC, SN7, and Reforge.

Pharos Airdrop Details

The Pharos airdrop is currently in the speculative phase, with a testnet campaign featuring referral opportunities now live. Participants can earn potential rewards in the form of $PHRS tokens by completing various tasks on the Pharos testnet. The airdrop is designed to reward users who actively engage with the platform’s features and help test its functionality before the mainnet launch.

Eligibility for the airdrop appears to be based on user participation in testnet activities, including daily check-ins, completing transactions when features become available, and social engagement tasks. The campaign also includes a referral program, allowing users to boost their potential rewards by inviting friends to join the testnet.

Step-by-Step Guide:

How to Participate in the Pharos Airdrop

Follow these steps to participate in the Pharos testnet campaign and position yourself for potential $PHRS token rewards:

Step 1: Connect to the Pharos Testnet

  1. Visit the Pharos Testnet page
  2. Connect your wallet (MetaMask or another compatible wallet)
  3. Add the Pharos Testnet network to your wallet with these parameters:
  4. You will get free PHRS tokens just by connecting your wallet.
  5. You can also get PHRS tokens from Gas.zip’s faucet

Step 2: Complete Daily Tasks

  1. Perform daily check-ins on the platform to level up your account
  2. Use the referral program to invite friends to join the testnet
  3. When available, complete swap transactions on the platform
  4. When available, provide liquidity to the testnet pools
  5. Make sure to connect your X account
  6. Complete all social tasks including following official accounts and engaging with content

Frequently Asked Questions

What is the $PHRS token?

$PHRS is the gas token of the Pharos ecosystem. While specific tokenomics haven’t been fully disclosed, it will likely serve governance functions and facilitate transactions within the Pharos network.

When will the Pharos mainnet launch?

The official mainnet launch date hasn’t been announced yet. The current testnet phase is a crucial step toward the eventual mainnet release. Follow official channels for the latest updates.

Are there requirements for the airdrop?

Based on the testnet campaign structure, participation requirements include connecting to the testnet, completing daily check-ins, inviting friends through the referral program, and engaging with platform features like swaps and liquidity provision when available.

How long will the testnet campaign run?

The duration of the testnet campaign hasn’t been specified. It’s recommended to participate as soon as possible and maintain engagement until official announcements regarding the campaign’s conclusion.

Conclusion

The Pharos testnet campaign presents an opportunity for crypto enthusiasts to engage with a promising new L1 blockchain project while positioning themselves for a potential $PHRS token airdrop.

By following the steps outlined in this guide and consistently participating in the testnet activities, you can maximize your chances of qualifying for rewards.

You're interested in more projects that do not have any token yet and could potentially airdrop a governance token to early users in the future? Then check out our list of potential retroactive airdrops to not miss out on the next DeFi airdrop!

Don't forget to follow us on Twitter, Telegram, & Facebook and subscribe our newsletter to receive new airdrops!

Requirements:

Twitter required

  • Follow
  • Multiple Retweets

JOIN THE TESTNET

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Estimated Value

n/a

Tokens per Claim

n/a

Max. Participants

Unlimited

Overview