Pyth to launch reserve using buybacks from DAO treasury funds
The network’s reserve will consist of purchases of the network’s native PYTH token, utilizing approximately 33% of the protocol’s revenue through the DAO.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The network’s reserve will consist of purchases of the network’s native PYTH token, utilizing approximately 33% of the protocol’s revenue through the DAO.
Why this matters
This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
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