navigator's guide

your markets, your rules

NOTE: THIS DOCUMENTATION IS A WORK IN PROGRESS

Pharos is a DeFi primitive that allows any user to create leveraged lending markets between any assets under any terms.

Via third-party plugins, the protocol allows the creation of personalized markets, where mutually agreed loans enable participants to tailor their risk management and set their desired fees. The on-chain nature of the ecosystem ensures transparent and trustless management of loans, including the use of on-chain positions with leverage.

This way, Pharos does not attempt to predict all possible markets that DeFi users need. Instead they are free to create their own markets, with limitless customizability.