Pheasant Network is an optimistic bridge between Layer 1 and Layer 2s.
Pheasant Network issued a scam alert, saying it found unauthorized tokens using the $PNT name and Pheasant Network branding that have no affiliation with the project and were not issued by it. The team urged users to verify token information only through its official channels.

Pheasant's weekly Bird's-Eye Review (August 28 – September 3) reported several updates on the $PNT token and the Super App. A $PNT preview is now live on CoinGecko, the $PNT Claim page has been updated for MiCA compliance, and token allocations are being finalized ahead of the claim event.

Pheasant's Super App, an AI-powered interface that turns natural-language instructions into onchain execution, is now live on Aurora, following its initial rollout on Arbitrum and Taiko. Users describe what they want and the app handles the rest, removing the need to pick protocols manually.

Pheasant's weekly review (August 14–20) confirmed the Super App is now integrated with €EURC, the euro-denominated stablecoin, alongside the previously announced rollout on Arbitrum and Taiko. The review also reported that final testing of the $PNT Claim mechanism is complete, bringing the team closer to the claim event.
The digest recapped the Enflux funding quest and added a preview of a Token2049 side event in Singapore, where the team plans to make more announcements. No specific TGE or claim date was given.

Pheasant announced Strategic Round #2, a strategic funding raise from Enflux to support its next phase of growth. The capital will help scale the $PNT ecosystem and prepare for a token generation event (TGE).
Pheasant Network (PG Labs) raised $2 million across a seed round and ecosystem grants, led by Mint with participation from the Ethereum Foundation, Optimism Foundation, Polygon Labs, and multiple Layer 2 ecosystems, to advance its AI-and-intent-powered DeFAI roadmap.
The AI Super App went live, letting users bridge assets, swap tokens, and check balances using natural-language prompts that are converted into reviewable execution plans.
Pheasant introduced bridges connecting all supported Layer 2 networks, allowing users to transfer assets between rollups directly without routing through Layer 1.
Pheasant Network announced it was selected as one of the Layer 2 projects to receive a grant from the Ethereum Foundation's Ecosystem Support Program (ESP), supporting research on optimistic bridges.
Pheasant Network's optimistic bridge went live on the Polygon mainnet, enabling low-cost, secure, and decentralized token transfers between Ethereum and Polygon. This was the project's first mainnet bridge deployment.
1792 followers · 5 stories