According to Pharos Network, the OKX Wallet-linked campaign offers up to 16% APY on USDC staked on Ethereum before assets migrate to the Pharos mainnet by July 20, 2026.
Pharos Network officially announced its “Stake Before the Stake” campaign with OKX Wallet. According to the project’s announcement, users can stake USDC on Ethereum ahead of a planned migration to the Pharos mainnet by July 20, 2026. The campaign offers up to 16% APY, including a stated 14% blended APY, and may provide eligibility for future airdrops. Pharos also said it raised $44 million in a Series A round in April 2026, bringing its total funding to $52 million.