RWA Vault 50 million dollars, 14% APY looks attractive, but the default risk of unsecured consumer loans in Southeast Asia is no joke; high returns often come with high volatility.

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MeNews
Pharos Network launches $50 million RWA vault, 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 reminder states that there may be a risk of default in unsecured consumer loans in developing countries.
(Source: MLion)
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