What is Pheasant Network?

Pheasant Network is an optimistic bridge network designed to enhance interoperability and scalability between Ethereum and Layer 2 networks. It employs an optimistic rollup-inspired system for processing bridge transactions, focusing on security and reduced gas costs. The network features decentralized liquidity to mitigate risks associated with bridge hacks, largely attributed to human errors. Relayers in the network contribute liquidity and are safeguarded by temporary asset locks and minimal bonding requirements.