Pharos is launching a presale at $1B FDV with questionable tech and community treatment.

They're promising a 6% airdrop allocation (60M $PROS out of 1B total supply) but only 1% of the total supply unlocks at TGE. That means just 600K tokens available at launch for the entire airdrop.

With 25M+ testnet wallets and over 1M Discord users all farming for that tiny slice, the average per wallet comes down to roughly 6 tokens even if they hit 100K active farming wallets.

At $1B FDV the full 1% TGE airdrop would be worth around $10M total. Spread across thousands of farmers, it's pennies after months of grinding.

This is classic extraction: hype the community run a high FDV presale pay KOLs to shill then dump on retail. Many current crypto founders are just repeating the same grift cycle.

Hard pass. Stay away from pre sale unless you enjoy funding teams that treat users as exit liquidity.