PHARO

About PHARO token

Pharo is a DeFi platform that seeks to innovate user engagement with financial derivatives. It solves the problem of lack of trustless trading in global markets. Pharo enables a new marketplace based on blockchain where users can predict market dependencies through a form of betting with tokens. The Pharo Exchange is a prediction market where users can stake on the outcome of events from different fields which is the most attractive feature of the platform. The Pharo Exchange is backed by the PHRO token which serves the dual purpose of a currency for the ecosystem and a medium of reward for ecosystem participation. Pharo’s governance model gives the community power that allows them to vote on important matters giving trust and safety to the token holders. Pharo’s objective is to access market for financial derivatives and lift up the market prediction for all users by integrating these features changing the concept of DeFi.