Pheasant Network Launches Cross-Chain Swap Supporting 30+ Networks
Pheasant Network Launches Cross-Chain Swap Supporting 30+ Networks
🦅 Cross-Chain Just Got Easier
March Highlights:
Pheasant Network launched their Cross-Chain Swap product, enabling direct token swaps across 30+ blockchain networks. The platform supports thousands of tokens and aims to reduce friction in cross-chain transactions.
Key developments:
- Announced support for ERC-7683, a new cross-chain standard for intents
- Launched a new community Telegram group
- Added Pectra upgrade support on testnets
Monthly Metrics:
- 1,206 transactions
- $575,540 in transaction value
- 218 active wallets
Pheasant Points, a user contribution recognition system, completed final testing and is set to launch in April.
Pheasant’s Weekly Bird’s-Eye Review—March 22-28🗓️ ⛺Support ERC-7683 by @AcrossProtocol: x.com/PheasantNetwor… 🦁Co-announce with @cronos_chain: x.com/PheasantNetwor… ❤️🔥Co-announce with @KAVA_CHAIN: x.com/PheasantNetwor… 🧋Co-announce with @bobanetwork:
❤️🔥Pheasant Swap just went live on @KAVA_CHAIN! pheasant.network/swap The simplest way to move assets between networks. Fast, Secure, and Frictionless. Get started now!
Pheasant Network Expands to Cronos Chain Ecosystem
Pheasant Network continues its multi-chain expansion with official listing on the Cronos Chain ecosystem. This follows their March launch of Pheasant DEX on Cronos and recent integrations with multiple networks including Ethereum, Sei Network, Optimism, Celo, Polygon zkEVM, Aurora, and Filecoin. Key Updates: - Listed on [Cronos Discover Portal](https://discover.cronos.org/projects/pheasant-network) - Launched Pheasant Points system for community contributions - Completed final testing phase for points system - Released cross-chain swap functionality across major networks Users can now access Pheasant's cross-chain services through [pheasant.network/swap](https://pheasant.network/swap)
Base Takes Top Spot in Weekly Bridge Rankings
Weekly bridge activity rankings show significant shifts in Layer 2 ecosystem: - **Base** claims first place - **Arbitrum** moves up to second position - **Taiko** secures third place Notable mention goes to **Optimism** showing remarkable activity despite not making top 3. This continues the trend from previous weeks where Base and Arbitrum have consistently ranked in top positions, while Taiko and Optimism maintain strong presence in the L2 bridge landscape.
Taiko x Pheasant Network Partnership Launches NFT Campaign
Taiko and Pheasant Network have launched a collaborative DeFi campaign running from April 14-28. Users can participate in two main ways: - Complete social media activities - Perform on-chain transactions via Pheasant Participants can win Taikoons, the genesis NFT collection. This follows Pheasant's integration with Taiko's ecosystem in Season 2 of Trailblazers, offering fast and cost-effective bridging solutions. Participate here: [Galxe Campaign](https://app.galxe.com/quest/pheasantnetwork/GCdkut19Yq)
Pheasant Network Completes Final Testing of Pheasant Points System
Pheasant Network has completed final testing of their Pheasant Points system, a new feature designed to recognize user contributions. The program is scheduled to launch in April 2025. Key developments: - Retroactive granting of points for past transactions - Launch of in-house admin functionality - Documentation now available This follows a busy month of expansion, with Pheasant Swap now live across multiple networks including Ethereum, Sei Network, Optimism, Celo, Polygon zkEVM, Aurora, and Filecoin. [View Pheasant Points documentation](https://x.com/PheasantNetwork/status/1910767052727464243)
Pheasant Network Addresses Human Error in Bridge Security
Pheasant Network has published insights on their approach to bridge security, acknowledging the inevitability of human error in blockchain systems. - Focus on building **resilient protocols** rather than pursuing perfect error elimination - Detailed comparison between multisig and optimistic bridge security mechanisms - Strategy emphasizes *damage minimization* and *loss prevention* Learn more in their technical deep-dive: [Multisig vs Optimistic Bridges](https://blog.pheasant.network/multisig-bridges-vs-optimistic-bridges-in-depth-look-at-security-mechanism-of-pheasant-network-4b0c81c37a62) For bridge fundamentals, check their guide: [What are optimistic bridges?](https://home.pheasant.network/library/category/article?articleId=cm24e1jnn5oql0716jby2vreb&categoryId=Knowledge)