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Pyth Network Directs 100% of Revenues to Buy Back Tokens

Pyth Network Directs 100% of Revenues to Buy Back Tokens

Pyth Network has introduced new rules for distributing DAO revenues. Now, all profits are directed towards buying back PYTH tokens from the open market.

The 100% Rule

Every dollar earned is now automatically converted into a purchase of PYTH tokens. This decision aims to support the asset's value and strengthen the protocol's economy.

Official Release

Details about the new policy can be found in the project's official blog.

  • Full text of the news is available on the Pyth Network website: The 100% Rule
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