Upbit will list Pharos trading pairs against KRW, BTC, and USDT on May 8, expanding access to the emerging Layer 1 project. Pharos is an EVM-compatible blockchain built on an asynchronous BFT-based proof-of-stake consensus mechanism designed to improve scalability and network efficiency. The listing on South Korea’s largest crypto exchange could increase liquidity and market visibility for PROS as competition among Layer 1 ecosystems continues to intensify.
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