律动BlockBeats|Oct 08, 2026 14:31
[Pyth DAO Passes Proposal to Allocate 100% of Product Revenue for PYTH Accumulation]
BlockBeats News, October 8: Pyth DAO announced the approval of proposal OP-PIP-136, committing to allocate 100% of the funds received from Pyth products to purchasing PYTH and adding it to reserves. This includes revenue from Pyth Pro subscriptions, Listing as a Service, Data Marketplace, and Pyth Indices. Previously, reserves were used to buy PYTH on the open market starting December 2025, with one-third of the DAO's non-PYTH balance utilized per transaction, requiring separate votes for each. The new rule changes this to a one-time long-term authorization, incorporating existing non-PYTH assets into the same process. The first batch of purchases was executed on September 30, and the reserves currently hold approximately 42 million PYTH tokens.
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