Public Goods Network | 🟢

PGN is both a digital schelling point and the world’s first L2 that works to create durable and recurring funding for public goods.

[Public Goods Network | 🟢 @pgn_eth]

As PGN prepares for its network wind down in June 2024, we are committed to supporting users to withdraw their assets as efficiently and affordably as possible, including those who participated in @gitcoin #GG18 and #GG19.

Following are best practices on how to off ramp assets.

[Public Goods Network | 🟢 @pgn_eth]

@gitcoin PGN aimed to fund the world's public goods, driven by generating revenue via network sequencer fees and returning those funds back to public goods at large.

After a thorough assessment, we have decided to wind down PGN over the next 6 months, tentatively closing in June 2024.

[kyle | kbw.Ξth @kbw]

gm

How many people are still contributing full time to a DAO?

[sophia dew @sophiadew]

want the tea on @pgn_eth 👀 watch the latest rehash episode for some spicy takes on launching L2s

[Public Goods Network | 🟢 @pgn_eth]

As PGN prepares for its network wind down in June 2024, we are committed to supporting users to withdraw their assets as efficiently and affordably as possible, including those who participated in @gitcoin #GG18 and #GG19.

Following are best practices on how to off ramp assets.

[Public Goods Network | 🟢 @pgn_eth]

We appreciate your participation in the PGN experiment and are committed to supporting you in accessing and off ramping your assets before the network shuts down. 🟢

[Public Goods Network | 🟢 @pgn_eth]

To stay updated on additional network developments, sign up for emails here.

https://t.co/bnoEohA4hP

[Public Goods Network | 🟢 @pgn_eth]

For technical questions, the PGN telegram will continue to be the best place for ongoing support.

https://t.co/AQqlCJiMv8

[Public Goods Network | 🟢 @pgn_eth]

A few additional tips:

• Withdrawing to L1 involves a 7-day challenge period and L1 gas requirements apply.

• ETH can be bridged from L2 to L2, which is the best way to avoid the 7 day challenge period and avoid paying L1 gas

• All other tokens must be withdrawn to L1.

[Public Goods Network | 🟢 @pgn_eth]

If funds were sent to a SAFE wallet, a SAFE UI is available on PGN. https://t.co/8JosP4oFsZ.

More information on SAFE on PGN is available here:
https://t.co/HeOMV2DUXg

[Public Goods Network | 🟢 @pgn_eth]

LayerSwap provides L2 to L1 withdrawing, and L2 to L2 bridging for ETH.

For L2 to L2 bridging, there is no challenge period, no L1 gas and withdrawals clear in minutes.

https://t.co/aXUyNh5iD0

[Public Goods Network | 🟢 @pgn_eth]

PGN native bridge provides L2 to L1 withdrawing of ETH and all other officially deployed tokens.

7-day challenge period and L1 gas are required for L1 withdrawals.

https://t.co/Ws9q16i4bW

[Public Goods Network | 🟢 @pgn_eth]

Rollbridge provides L2 to L1 withdrawing of all assets, including ETH and officially deployed tokens like DAI, USDT, and GTC.

7-day challenge period and L1 gas are required for L1 withdrawals, with unique features for ease of use.

https://t.co/anM7zsyA9g

[Public Goods Network | 🟢 @pgn_eth]

**We strongly recommend users off ramp all remaining assets before June 30, 2024.**

Here are the best ways to offramp assets and where to get additional support. 👇

[Public Goods Network | 🟢 @pgn_eth]

Gitcoin is collaborating with @conduitxyz and @Optimism to identify the best solution to make remaining assets post-wind down available to claim.

We will provide more details on this process soon.

[Public Goods Network | 🟢 @pgn_eth]

As PGN prepares for its network wind down in June 2024, we are committed to supporting users to withdraw their assets as efficiently and affordably as possible, including those who participated in @gitcoin #GG18 and #GG19.

Following are best practices on how to off ramp assets.

[Public Goods Network | 🟢 @pgn_eth]

@gitcoin PGN aimed to fund the world's public goods, driven by generating revenue via network sequencer fees and returning those funds back to public goods at large.

After a thorough assessment, we have decided to wind down PGN over the next 6 months, tentatively closing in June 2024.

[Public Goods Network | 🟢 @pgn_eth]

@gitcoin PGN aimed to fund the world's public goods, driven by generating revenue via network sequencer fees and returning those funds back to public goods at large.

After a thorough assessment, we have decided to wind down PGN over the next 6 months, tentatively closing in June 2024.

[Public Goods Network | 🟢 @pgn_eth]

Today, we are sharing a bittersweet update on PGN's future.

Since launching the Public Goods Network in July '23, our journey has been one of building and learning, fueled by the incredible support of the Public Goods Alliance, our community, partners, and of course @gitcoin.

[Public Goods Network | 🟢 @pgn_eth]

PGN was an experiment in a new way to fund public goods. We are hopeful that the vision of PGN will one day be realized, and that the learnings from this experiment will be supportive of that future of abundant, renewable funding for public goods. 🟢

[Public Goods Network | 🟢 @pgn_eth]

As PGN approaches wind down at the end of June, we want to clearly and directly address any questions or concerns. 🧵

[Public Goods Network | 🟢 @pgn_eth]

For any additional technical questions, the PGN telegram will continue to be the best place for dedicated support. https://t.co/AQqlCJieFA