[Pyth Upgrades Infrastructure and Restructures Economic Model] Odaily Planet Daily News: Pyth Network has announced a major strategic transformation, including a comprehensive upgrade of its infrastructure and a shift in its economic model from token incentives to revenue-driven. According to two core proposals (OP-PIP-100, OP-PIP-103), Pythnet will gradually shut down by 2026, with the focus shifting to the next-generation underlying platform, Lazer. The OIS staking reward mechanism will be terminated (parameter Y set to 0), but the security slashing mechanism will be retained. Meanwhile, PYTH Reserve has repurchased approximately 12 million PYTH tokens using protocol revenue. Commercial products (Pyth Pro, Data Market) have become the core drivers of growth, with leading prediction markets such as Polymarket and Kalshi already integrated. Institutional adoption rates continue to climb.