Pharos Network has officially launched the Pharos Foundation, marking a significant step towards its Token Generation Event (TGE) and mainnet launch scheduled for early 2026. The foundation aims to establish a structured and transparent governance model to support the long-term development of the Pharos ecosystem. It will focus on ecosystem support, technical development, governance, transparency, and education. The Pharos Foundation will provide frameworks and processes for sustainable token governance and ecosystem growth, both before and after the TGE. It plans to fund and support developers, foster collaboration with traditional finance and institutional participants, and ensure transparent governance and reporting. The foundation will release its first transparency report post-mainnet launch, detailing ecosystem fund management, including grants, governance decisions, and capital deployment. Additionally, the foundation's first charter will outline its mission, governance model, and operational limits.