CryptoPyth Network launches PYTH reserve to sustain network value...

Pyth Network launches PYTH reserve to sustain network value through token purchases

-


Key Takeaways

  • The PYTH Network introduced PYTH Reserve to use protocol revenue for monthly PYTH token purchases, directly tying product adoption to network value.
  • PYTH Reserve resources scale with revenue and are governed by structured reviews and decentralized treasury operations.

Share this article

Pyth Network, a provider of real-time financial market data for blockchains and smart contracts, has launched a strategic reserve to accumulate PYTH tokens using protocol-generated revenue.

The system, managed by the PYTH DAO Treasury, aims to allocate a portion of its revenue to acquiring tokens on the open market.

The reserve, powered by revenue from Pyth’s varied products, is designed to scale as usage grows, creating a transparent, rules-based link between network adoption, revenue generation, and long-term token value.

Pyth Network’s revenue is driven by four core products, including Pyth Pro (institutional market data subscriptions), Pyth Core (on-chain price feeds), Entropy (secure randomness), and Express Relay (low-latency execution infrastructure).

To further accelerate monetization, the Pythian Council now conducts quarterly pricing reviews, optimizing fees across products to maximize revenue while maintaining adoption.



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

MicroStrategy bought 2.6% of circulating bitcoin at $67,458 apiece

MicroStrategy and its founder have amassed over 2.7% of all circulating bitcoin. They are up billions on the...

WhatsApp Reinvents Voicemail as It Adds AI Image Tools and Emoji Reactions

The company is rolling out voicemail-style voice and video messages, emoji reactions in voice chats, and new AI...

TRM Labs Underscores Venezuela’s Positive Crypto Adoption in a Risky Ecosystem

In a recent report, TRM Labs sustained that organic adoption dominates trading volumes, as stablecoins have become a...

Advertisement

ICERAID, a “crypto fascist” site, pays snitches

ICERAID is being compared to fascist states after users learned it was offering crypto incentives to snitch on...

Must read

You might also likeRELATED
Recommended to you