Get started with Pharos Borrow/Lend on Oku

Pharos, built for real-world financial applications, is now live on Oku. That means you can bridge in, trade $PROS or any token, and then put your assets to work with Morpho, all in one place. By the end of this guide, you'll be able to:

• Earn yield on your USDC
• Borrow against $PROS or $wsrUSD without selling your position

Step 1: Bridge your funds to Pharos

1. Open Oku and go to the Bridge page.
2. Select your origin chain and the asset you want to bridge.
3. Choose Pharos as the destination chain.
4. Review the transaction, sign it, and wait for your funds to arrive.

For example, you can bridge USDC on Ethereum to USDC on Pharos, powered by LI.FI.

Step 2: Supply assets and earn yield

Once your funds land on Pharos, you can start earning.

1. Click Earn at the top of the page.
2. Select Pharos as your chain.
3. Choose the Rockaway X vault.
4. Enter the amount of USDC you'd like to supply.
5. Review and sign the transaction.

Once confirmed, your USDC starts earning yield right away.

Step 3: Borrow

Borrowing lets you access liquidity without selling what you hold. To borrow, you'll need some collateral on Pharos first, like $WPROS. You can get it by swapping on Oku's Swap page or bridging it in, the same way you brought over your USDC.

1. Navigate to the Borrow tab next to Earn.
2. Select Pharos as your chain.
3. Choose the collateral you'd like to borrow against. In the example above we’re supplying $WPROS 
4. Select the asset you want to borrow.
5. Enter the amount you'd like to borrow.
6. Review the transaction and sign it.

Once confirmed, the borrowed assets land in your wallet. You keep your $WPROS position and can repay the loan whenever you're ready to unlock it. It’s that easy - try it out today!