Faroo, a pioneering hybrid yield liquid staking protocol within the Pharos ecosystem, has officially launched at the "RWA: The Evolution of Global Liquidity" summit. The event, co-hosted by Pharos Network, HashKey RWA, Faroo, and Bifrost, featured industry leaders such as King Leung of Invest HK and Wish Wu of Pharos Network. Faroo co-founder Tyrone introduced the Hybrid Yield model, marking a new phase in DeFi with sustainable yields. The Hybrid Yield model represents the third evolution of DeFi, following the inflationary token incentives of DeFi 1.0 and the Real Yield paradigm of DeFi 2.0. Faroo's model integrates multi-yield mechanisms into the RWA space, enhancing capital efficiency. Key products include stPHRS, tbPHRS, and LP Vault, which together form a comprehensive on-chain yield system. Faroo aims to transform RWAs from static assets to active liquidity drivers, leveraging the Pharos ecosystem's compliance framework and asset pipeline.