[Pharos Partners with R25 to Launch pRNH Vault, Providing On-Chain Access to U.S. High-Yield Corporate Debt for Qualified Users] Odaily Planet Daily News: Pharos Network has announced the launch of the pRNH Vault, introduced by the R25 protocol, offering qualified users an on-chain investment channel for U.S. high-yield corporate debt. The Vault is underpinned by the NYLIM Anemoy U.S. High-Yield Corporate Debt Independent Investment Portfolio (HYB), jointly initiated by NYLIM and Anemoy, with tokenization technology provided by Centrifuge. Users can deposit USDC into Pharos and exchange it for pRNH tokens via R25 to indirectly hold HYB assets. The Vault has a target size of $100 million, an estimated annualized yield of approximately 7%, no mandatory lock-up period, and incorporates proxy-assisted functions embedded in its structure for credit screening and liquidity monitoring.