PANews
PANews|Oct 08, 2026 14:22
[Pyth Will Use 100% of DAO Product Revenue for PYTH Buybacks, ARR Reaches $11.49 Million] According to Pyth's official blog, the Pyth DAO has approved the '100% Rule,' which allocates all Pyth product revenue received by the DAO to open market buybacks of PYTH, replacing the previous mechanism of monthly buybacks using one-third of the non-PYTH treasury balance. This proportion applies to DAO revenue sharing and not the protocol's total gross income. As of the end of September, Pyth's annualized recurring revenue (ARR) reached $11.49 million, an 86.5% increase compared to the previous quarter, with 276 paid accounts.
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