Pheasant Network

**Pheasant Network** made significant progress in its latest weekly update (November 24-30): - **MegaETH Integration**: Successfully integrated with @megaeth, expanding cross-chain capabilities - **Token Distribution Infrastructure**: Designed database architecture for upcoming token distribution system - **Product Updates**: Released enhanced relayer system and frontend improvements in [v4.23.0](https://docs.pheasant.network/ecosystem/release-notes#v4.23.0-enhanced-relayer-system-and-frontend-november-25) - **Roadmap Clarity**: Published updated [roadmap and focus areas](https://x.com/PheasantNetwork/status/1993867371279237435) for community transparency These developments build on previous work including the claiming page design and token distribution research from earlier updates.

**Base continues its dominance** in cross-chain bridge activity, securing first place for another consecutive week. **Top 5 Bridge Networks:** - **1st place:** Base - **2nd place:** Linea - **3rd place:** Unichain - **4th place:** Optimism - **5th place:** Arbitrum **Scroll** showed notable performance despite missing the top 5 rankings this week. The consistent rankings suggest **stable user preferences** across major Layer 2 networks, with Base maintaining its leading position in bridge transaction volume.

Pheasant Network released **v4.22.0** with a complete frontend refactoring. The update delivers: - Smoother site performance - Faster loading times - Easier maintenance for developers The team promises **more upgrades coming soon**. [Full release notes](https://docs.pheasant.network/ecosystem/release-notes#v4.22.0-frontend-refactoring-november-19)

**Pheasant Network** made significant progress on its token distribution system this week. **Key developments:** - Completed designing the token claiming page - Continued work on token distribution infrastructure - Released [v4.21.0 with additional fee optimization](https://docs.pheasant.network/ecosystem/release-notes#v4.21.0-additional-fee-optimization-november-11) - Preparing for upcoming funding announcement The optimistic bridge protocol is moving closer to launching its token distribution mechanism, building on previous weeks' foundation work.

**BNB Chain leads weekly swap activity** across blockchain networks, according to the latest Pheasant Network report. **Top performers include:** - 🥇 BNB Chain - 🥈 Ethereum - 🥉 Polygon - ✨ Arbitrum - 🔥 Avalanche - 🍀 Optimism - 🚀 Gravity The report highlights **strong competition** among established networks, with several chains missing the top 7 rankings despite growing activity. Pheasant Network continues tracking cross-chain activity with their motto: *"Always cross-chain, one network!"*

**Pheasant Network** has launched its September Monthly Quest, inviting users to bridge assets and earn rewards. **Key Details:** - Bridge with Pheasant during September - Complete missions to collect **Pheasant Points** - Quest campaign builds on previous August initiative **How to Participate:** - Visit the quest portal at [pheasant.network/quests/7](https://pheasant.network/quests/7) - Bridge assets through the platform - Accumulate points through mission completion This continues Pheasant's monthly quest format, following their inaugural campaign in August that focused on ETH bridging and platform engagement. *Ready to start bridging and earning points?*

Pheasant Network has launched its first Quest Campaign, running from August 4-18th at 10am UTC. Key features: - Bridge ETH across networks to earn Pheasant Points - Complete quests on the new Points Quest Platform - Early participants get extra points as pioneers The platform enables users to move assets between networks while earning rewards through quest completion. Visit [Pheasant Network](https://pheasant.network/quests/4) to start your journey and participate in the Feather Quest campaign. *Note: Limited-time opportunity for early adopters to maximize points earnings.*

Pheasant Network has released its latest weekly network status report covering June 28-July 4, 2025. Key points: - On-chain data available via Dune Analytics dashboards - Two main dashboards track: 1. [Transaction metrics](https://dune.com/pheasantnetwork_txs/overview) 2. [Volume analytics](https://dune.com/pheasantnetwork_volume/overview) *Important note: Some networks are not currently supported by Dune Analytics platform* Check the dashboards to analyze the latest bridge metrics and performance data.

Pheasant Network has announced an adjustment to their CCTP USDC bridging rates as part of their next phase development. This update follows their dual-protocol USDC bridging system launched in October: - **Pheasant Protocol**: Handles transactions under 500 USDC, optimized for speed - **CCTP Protocol**: Processes transactions over 500 USDC, with slightly longer processing times The rate adjustment aims to optimize the bridging experience and maintain system efficiency. Users can continue accumulating Pheasant Points while using these services. [View full release notes](https://docs.pheasant.network/ecosystem/release-notes#v4.5.0)

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)