Pharos Network launches a $50 million RWA vault with an expected total annualized return of 14%

ME News Report, April 18 (UTC+8), Pharos Network recently launched a $50 million RWA vault, with an expected gross APY of 14%.
Among them, 70% is allocated to microloans for individuals in countries such as Thailand, the Philippines, and Indonesia.
The official warns that there may be a risk of default on unsecured consumer loans in developing countries.
(Source: MLion)
RWA-1.45%
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GateUser-d2b4d9c6
· 12h ago
If the Pharos vault structure were transparent and auditable, it would serve as a sample of RWA.
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PickingUpCatsInTheContract
· 12h ago
The RWA narrative has added another member, but the asset quality of consumer loans in developing countries is questionable.
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RouterWhisperer
· 12h ago
The official actively warns about default risk, which is rare honesty—better than those who just make empty promises.
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QuantsAndCats
· 12h ago
Annualized 14% gross, how much remains after deducting breach losses?
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RugpullTherapist
· 12h ago
$50 million poured into Thailand, the Philippines, and Indonesia— is Pharos betting on emerging markets, or betting its life on it?
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DustCollector7
· 12h ago
14% APY sounds great, but the default rate on unsecured consumer loans is something everyone understands.
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