The L2 network Public Goods Network based on OP Stack is tentatively scheduled to end operations in June this year

ChainCatcher news, based on the OP Stack Layer2 network, the Public Goods Network (PGN) tweeted that after a comprehensive assessment, it has decided to gradually wind down PGN over the next 6 months, with a tentative final date set for June 2024.

It is reported that the PGN mainnet launched in July 2023, aiming to fund global public goods by generating revenue through network sequencer fees and returning these funds to the entire public goods ecosystem. In August 2023, Gitcoin Grants 18 launched on the Public Goods Network.