Odaily News: Gitcoin recently published an article introducing the Layer2 network Public Goods Network (PGN) based on OP Stack.



It is reported that PGN is a highly composable EVM-compatible Rollup and plans to use the majority of sequencer net revenue to support the Ethereum ecosystem and other public goods.



Currently, PGN's deployment and infrastructure are ready for testing. Cross-chain bridges, transaction views, block explorers, and core infrastructure are all in place. After 6 months of mainnet launch, the fee allocation for sequencers will be evaluated and determined based on accumulated impact data, and network alliances can join and collaborate on determining the allocation of sequencer fees. PGN commits to at least two years of experimentation, allowing partners to run Dapps on PGN to support public goods funding.



The governance alliance of PGN includes Protocol Guild, Public Nouns, Clr.fund, Giveth, Hypercerts, Protocol Labs, Octant, Eco, Hedgey, Gitcoin, and others. They will oversee the allocation of sequencer fees to ensure the growth and sustainability of funding for public goods.