Pheasant Network
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Pheasant Network is an optimistic bridge between Layer 1 and Layer 2s.
Pheasant wraps up week with €EURC integration and $PNT claim testing done

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 AI Super App goes live on Arbitrum and Taiko
Pheasant has launched its Super App, an AI-powered interface that takes natural-language instructions and turns them into onchain execution, removing the need to pick protocols manually. Users describe what they want and the app handles the rest.
- Launched on Arbitrum first, then rolled out to Taiko
- Positioned as the first step toward making every onchain action as simple as a chat prompt
- The team says expansion to more chains is coming
Pheasant raises strategic funding from Enflux ahead of TGE

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).
- Funding comes as the Super App is now live
- The team says it is accelerating toward the next stage, with more announcements expected
$2M seed round announced, led by Mint
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.
AI-powered Super App (v6.0.0) released
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.
Direct L2-to-L2 optimistic bridges launched
Pheasant introduced bridges connecting all supported Layer 2 networks, allowing users to transfer assets between rollups directly without routing through Layer 1.
Ethereum Foundation ESP grant received in Layer 2 category
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.
First optimistic bridge goes live on mainnet (Polygon)
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.