Pyth Network announces the establishment of a PYTH reserve and will publicly buy back PYTH tokens every month.
ChainCatcher reported that Pyth Network announced the establishment of a PYTH reserve. By introducing a structural mechanism, protocol revenue will be automatically converted into ongoing PYTH token buybacks, directly linking product adoption with network value.
The operating mechanism is that the Pyth DAO treasury will receive a portion of protocol revenue and use these funds each month to buy back PYTH tokens on the open market. The repurchased tokens will constitute the PYTH reserve—an economic result that directly injects real product revenue into network value.
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