From TokenPost · · 40s
Faroo Launches stPROS Liquid Staking Token
Faroo's stPROS token enables PROS stakers to transfer stakes and earn rewards on Pharos Network.
In brief
Faroo's stPROS token enables PROS stakers to transfer stakes and earn rewards on Pharos Network. Faroo launched stPROS liquid staking token on Pharos Network for PROS stakers to transfer stakes and earn rewards. Originally reported by TokenPost.
Faroo Launches stPROS
Faroo launched stPROS on Pharos Oct. 28, giving PROS stakers a transferable token representing their staking position while rewards accrue.
Liquid Staking Design
stPROS uses fixed-balance design where token balance stays constant as rewards accrue, unlike rebase tokens that change balances.
Pharos Integration Plan
Faroo integrates with Binance Web3 Wallet and OKX Web3 Wallet for staking, with plans for tbPROS and Faroo Points by late November 2026.
Here's the gist
Faroo launched stPROS liquid staking token on Pharos Network for PROS stakers to transfer stakes and earn rewards.
