Phaung Daw Oo Pagoda Festival is one of the famous pagodas festival in Myanmar and held in Inle Lake. The 4 Buddhas Statues (out of 5) from Phaung Daw Oo Pagoda are taken around the lake on a gilded Karaweik royal barge. The famous in this festival is Leg-rowing boat races which one-leg rowers compete in annual boat races.