Original | Odaily Planet Daily (@OdailyChina_)
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On May 16, the popular RWA public chain Pharos announced the launch of its public testnet, attracting widespread attention in the market. Pharos also launched a series of testnet tasks, with high user participation enthusiasm. According to the official disclosed data, over 110,000 real users flocked to the testnet just 24 hours after its release.
RWA remains a hot topic this year, and as a new generation of high-performance RWA public chain, Pharos has a high degree of usability. Odaily Planet Daily will guide users step-by-step on how to interact with the Pharos testnet at zero cost.
Introduction to Pharos
Pharos is a new generation Layer 1 public chain focused on RWA. In terms of performance, the network features a modular design and high parallelism, with the current testnet TPS reaching 30,000, far exceeding other EVM and parallel networks. At the same time, Pharos adopts an innovative GPU-like architecture, improving storage efficiency by 80%, capable of supporting billions of users. In terms of business, Pharos focuses on institutional-level RWA application scenarios and enterprise-level decentralized finance needs, aiming to become a powerful infrastructure that brings traditional institutions into the Web3 market.
Founded in 2024, Pharos's core team includes Web2 experts from Ant Group and Alibaba Blockchain, as well as seasoned professionals from the Web3 industry, such as Pharos's Chief Marketing Officer Laura Shen, who previously served as the marketing director at Solana Mobile and the crypto marketing director at PayPal; RWA Strategy Director Bo Cai, who previously participated in RWA pilot projects with the Monetary Authority of Singapore, the Reserve Bank of Australia, and the Bank of Ghana, and is also a Web3 researcher; and Ecosystem Director Wilguish, who previously worked at Wormhole.
In terms of financing, on November 8, 2024, Pharos completed a $8 million seed round of financing, led by Faction and Hack VC, with participation from SNZ Holding, Hash Global, MH Ventures, Dispersion Capital, Generative Ventures, and Chorus One.
Interactive Tutorial
Claim Test Tokens
First, log in to the Pharos testnet official website, click the wallet link in the upper right corner, and you need to claim Pharos testnet tokens on the homepage. It is recommended to log in using the OKX Web3 wallet, which does not require manually adding the Pharos testnet.
As shown on the left side of the image, after completing the human verification, you can claim 0.2 PHRS test tokens, and users can repeat the claim every 24 hours. If you want to claim more test tokens at once, you can also log in to the ZAN faucet website to get 0.2 PHRS test tokens for free (ZAN is a Web3 technology company under Ant Group).
Complete On-chain Tasks
Once the test tokens are credited, click on "Experience" at the top of the official website to jump to the testnet task interface. Currently, the testnet tasks can be divided into daily check-ins, on-chain tasks, and social tasks. As shown in the image below, first click the upper right corner to check in; check-ins cannot be made up, so remember to set an alarm daily.
- Swap Tokens
The first on-chain task is to swap tokens. Click "Swap" to jump to the Swap page of the DEX Zenith within the ecosystem. During the jump, MetaMask may mistakenly pop up harmful warnings, which can be ignored.
As shown in the image, users can currently use PHRS to swap for USDC and USDT assets on the testnet. Enter a small amount of PHRS and click "Swap."
- Add Liquidity
The second on-chain task is to add liquidity. After a successful swap, click "Pool" in the upper left corner, then click "+New Pool" to create a new LP. As shown in the image below.
Then select the USDC you just swapped, randomly choose a fee rate, and invest all the USDC you swapped into the LP. The system will automatically match the required PHRS test tokens. Finally, click to authorize and confirm to add liquidity.
- Send Tokens to Other EVM Addresses
The third on-chain task is to send tokens to other EVM addresses. Return to the Pharos testnet official website page, click "Send," and then enter the amount of test tokens you want to send and the recipient's address. Pharos is fully EVM compatible, so users can directly paste their other "0x" prefixed addresses.
- Invite Friends and Repeat Tasks
The above three tasks are not one-time only; users can repeat them multiple times within a day. Previously, it was rumored that users needed to complete 91 interactions daily to earn points, but the official seems to have removed that requirement. However, it is still recommended that users repeat the three tasks multiple times each day.
In addition, users can also improve their level by inviting others. Click on the fourth task "Invite" to copy your link. However, rewards can only be obtained when the invited user registers and completes tasks.
Social Tasks
In addition to on-chain tasks, users can also improve their level by completing social tasks. As shown in the image below, simply follow the official Pharos X account, retweet and comment on specific tweets, and join the Discord community to complete these one-time tasks.
Deploy Contracts
In addition to the interactive tasks listed above by the official, users can also deploy contracts on the Pharos testnet to enrich interaction data. Click to enter contracts, as shown in the image below, select the Pharos testnet to deploy contracts. Users can deploy simple timer contracts on the testnet or issue ERC-20 tokens or NFTs. For example, to deploy a token contract, simply enter the full name and symbol of the token to complete the deployment.
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