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

ME News Message, April 18 (UTC+8), Pharos Network recently launched an RWA vault with a capacity of $50 million, with an expected gross APY of 14%. Of this, 70% is allocated to small personal loans in countries such as Thailand, the Philippines, and Indonesia. The official cautions that there may be a risk of default on unsecured consumer loans in developing countries. (Source: MLion)
RWA-2.13%
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MildRugAllergy
· 3h ago
Thailand, the Philippines, Indonesia—all markets with volatile exchange rates—are they coin-based or dollar-based?
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TheWaveOfRasterization
· 11h ago
Gross APY 14%, how much you actually receive depends on the fee structure.
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GateUser-f7b40cee
· 11h ago
This type of product is suitable for players with a high risk tolerance; I'm too cautious, so I'll back out first.
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InvisibleMarketMaker
· 11h ago
5kw is not considered large for RWA, and it is more clearly a test of the waters.
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WatercolorGlassBottle
· 11h ago
$5k USD gets pumped into small loans across Southeast Asia, and Pharos is pretty bold to make this move
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Stop-LossForBluePeony
· 11h ago
14% APY looks attractive, but the default risk of unsecured consumer loans is no joke.
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