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Cross-chain liquidity provider Pike Finance has announced the launch of its testnet on Ethereum and its layer-2 solutions. In an X thread on Dec. 11, 2023, Pike said blockchain developers can now experiment with the protocol’s cross-chain functions using a testnet available on Ethereum as well as Goerli’s versions on Optimism, Arbitrum and Base. While no timetable is in place, Pike said other networks such as Solana, Monad and Fraxchain are also expected to be supported by the protocol. The @PikeFinance Testnet is live! Pike is a Universal Liquidity Protocol powered by @wormholecrypto's cross-chain message passing protocol & @circle’s Cross-Chain Transfer Protocol (CCTP). Native asset liquidity is becoming a reality across chains! pic.twitter.com/AghDCCwhk3 — Wormhole (@wormholecrypto) December 11, 2023 You might also like: ChainGPT integrates Chainlink to unlock cross-chain crypto hub With the testnet , Pike Finance’s users can explore su...

The Public Goods Network from Gitcoin promises to redirect most net sequencer fees into public goods, instead of giving them to token holders or developers. Layer-2 blockchain Public Goods Network launched a testnet on July 7, promising to spend “the vast majority of net sequencer fees” on public goods instead of paying them out to the development team or token holders, according to an announcement from the network’s developers. In economics, a “ public good” is a good that cannot be produced for profit because it is difficult to exclude non-payers from its consumption. The new network was developed by the same team that created Gitcoin, a project that seeks to raise funds for open-source projects. Public Goods Network is being built using the OP Stack, meaning that it can become part of the proposed “Superchain” that will include Optimism and Base networks. Okay Devs, Overjoyed to announce @pgn_eth, a community-led L2 focused on sustainable funding for public goods Check this ou...