The L2 network PGN based on OP Stack is launched, intending to use sequencer revenue to support the Ethereum ecosystem and other public goods

ChainCatcher news, the Layer2 network Public Goods Network (PGN) based on OP Stack has been launched, intending to use most of the sequencer's net income to support the Ethereum ecosystem and other public goods. Currently, the deployment and infrastructure of PGN are ready for testing, with cross-chain bridges, transaction views, block resource management, and core infrastructure in place. Six months after the mainnet launch, fees will be evaluated and allocated based on accumulated impact data, allowing network participants to collaborate on determining the distribution of sequencer fees. PGN commits to at least two years of experimentation, allowing partners to run DApps on PGN to support public goods funding.

It is reported that PGN is a highly composable EVM-compatible rollup, supported by Protocol Guild, Public Nouns, Clr.fund, Giveth, Hypercerts, Protocol Labs, Octant, Eco, Hedgey, and Gitcoin. (source link)