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# PythNetwork
4.63K
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Pyth Network Initiates Monthly Token Buyback Program, Tying Value to Ecosystem Growth 📈
Pyth Network has launched the "PYTH Reserve," a monthly token buyback program that will utilize 33% of its DAO treasury balance to purchase $PYTH tokens on the open market. The initiative is funded by protocol revenue, with the first buyback this month estimated between $100,000 and $200,000.
The program begins as Pyth reports growing traction, noting that its Pyth Pro data product surpassed $1 million in Annual Recurring Revenue (ARR) within its first month. The buyback mechanism is designed to more close
Pyth Network has launched the "PYTH Reserve," a monthly token buyback program that will utilize 33% of its DAO treasury balance to purchase $PYTH tokens on the open market. The initiative is funded by protocol revenue, with the first buyback this month estimated between $100,000 and $200,000.
The program begins as Pyth reports growing traction, noting that its Pyth Pro data product surpassed $1 million in Annual Recurring Revenue (ARR) within its first month. The buyback mechanism is designed to more close
PYTH1,85%
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Liquidity Leaders
24h trading volume relative to market cap
1. #PythNetwork 1.66x
2. #dogwifhat 0.20x
3. #Fartcoin 0.19x
4. #OFFICIALTRUMP 0.19X
5. #pumpfun 0.18x
6. #Ethena# 0.17x
24h trading volume relative to market cap
1. #PythNetwork 1.66x
2. #dogwifhat 0.20x
3. #Fartcoin 0.19x
4. #OFFICIALTRUMP 0.19X
5. #pumpfun 0.18x
6. #Ethena# 0.17x
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🚀 BIG MOVE:
🇺🇸 US Dept of Commerce teams up with Pyth Network to bring GDP and economic data onchain!
🚀 CHT Calls 50X Project — More details in Bio, don’t miss this! 🔥💎
#PythNetwork #OnchainData #USDCommerce
🇺🇸 US Dept of Commerce teams up with Pyth Network to bring GDP and economic data onchain!
🚀 CHT Calls 50X Project — More details in Bio, don’t miss this! 🔥💎
#PythNetwork #OnchainData #USDCommerce
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