What is Pharos Network & Zentra Finance?
Pharos Network is an emerging blockchain project that recently secured $8 million in funding. While specific details about their core technology are limited in the announcement, their partnership with Zentra Finance gives us insight into their focus on DeFi infrastructure.
Zentra Finance positions itself as "the ultimate DeFi platform for token launches, trading, and liquidity management." They've launched two complementary products on the Pharos testnet:
Zentra App - A token creation and launchpad platform requiring zero coding experience
Zentra X - A DEX featuring both V2 (Constant Product AMM) and V3 (Concentrated Liquidity Market Maker) technologies
What makes Zentra particularly interesting is it's innovative token launch mechanisms:
Pump Sales - Uses bonding curve technology where tokens are instantly tradable before reaching the target market cap
Fair Launch - Provides equal opportunity for all participants with no early allocations
Step-by-Step Guide to Participating
1. Check-in on the Pharos Network Website
Visit http://testnet.pharosnetwork.xyz/experience?inviteCode=EQojhjHZ7dlf8cBL
Connect your wallet (preferably use a fresh wallet for testnets)
Complete the initial check-in process
2. Request Test Tokens from the Faucet
Request test tokens to use on the network
Confirm the transaction in your wallet
3. Interact with Zentra X (DEX)
Visit https://x.zentrafi.xyz
Connect your wallet
Swap $PHRS tokens for other available test tokens
Add liquidity to at least one pool
4. Explore Zentra App (Launchpad)
Navigate to https://app.zentrafi.xyz
Connect your wallet
Try creating your own test token
Experiment with the Fair Token Launch feature
Test the Pump Launch, Airdrop, and Token Lock & Vesting functions
Note: Make sure to complete all the steps above to maximize your chances for potential future rewards. The more interactions you have with the platform, the better positioned you may be for any future incentives.
Connect With the Projects
Pharos Network: @pharos_network
Zentra Finance: @zentrafi
Don't forget to follow Leap Wallet for more alpha opportunities like this one!
FAQs
Do I need real crypto to participate?
No, this is a testnet. You'll use test tokens that you can get for free from the faucet.
How long will the testnet be active?
No end date has been specified, but testnet opportunities typically last 2-4 weeks. It's best to participate early
What wallet should I use?
You can use Leap Wallet for best experience or any compatible wallet. Consider using a fresh wallet specifically for testnet activities.
