Public Goods Network Shutdown: Withdraw Funds by April 20
Public Goods Network Shutdown: Withdraw Funds by April 20
⏰ PGN Deadline Approaching

Urgent deadline approaching for PGN users
Public Goods Network (PGN) is shutting down, and users have until 9 AM EST on April 20, 2026 to withdraw their funds.
Key details:
- Any unclaimed funds after the deadline will be transferred to the Gitcoin Foundation treasury
- The shutdown follows a governance vote passed earlier this year
- Users can access step-by-step instructions for claiming funds
Resources available:
Action required: Check your PGN wallet and initiate withdrawal before the April 20 deadline.
⚠️ If you still have funds on Public Goods Network (PGN), please withdraw them before 9 AM EST April 20, 2026. PGN is shutting down and unclaimed funds will be withdrawn to the Gitcoin Foundation treasury after this deadline. Governance post ↓ 🔗 gov.gitcoin.co/t/temp-check-w…
Trust Beats Fancy Mechanisms in Public Goods Funding
**Trust precedes coordination, and coordination precedes capital allocation** - a fundamental insight often overlooked in public goods funding. **Key examples:** - **Protocol Guild** uses a simpler allocation mechanism than quadratic or retroactive funding, yet succeeds because Ethereum core developers built trust through years of collaborative work - **2021-2022 DAO boom** saw multisig treasuries governed by strangers who met online weeks earlier - many collapsed when voting snags required trust to resolve **The takeaway:** Programs investing in relational infrastructure upfront outperform those focused solely on mechanism design. Durable coordination requires trust as its foundation. [Read the full research](https://gitcoin.co/research/trust-precedes-coordination)
🔧 Gitcoin Research: Mechanism Pluralism as Survival Requirement
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Gitcoin has outlined a strategic reset for 2026, moving away from its previous approach to focus on three core principles: **The AAA Framework:** - **Alignment**: Fund projects that advance human thriving - **Alpha**: Identify and attract high-potential builders - **Accelerate**: Operate with small, efficient teams **Coalition-First Funding** The platform will require projects to demonstrate 60-70% funding from external sources before receiving Gitcoin support. This approach aims to surface builders with genuine community backing through the upcoming GG25 round. **Experimental Approach** Rather than committing to large-scale initiatives, Gitcoin will run low-budget, time-limited experiments throughout 2026. The organization will only pursue recapitalization and scaling after these experiments show clear traction and legitimacy. This represents a significant shift from Gitcoin's previous grant-making model, emphasizing validation and external support over direct funding. The strategy suggests a more cautious approach following lessons learned from past rounds. [Read the full strategy](https://gov.gitcoin.co/t/gitcoin-2026-strategy-tl-dr/25049/1)