Pyth Network introduces the PYTH Reserve mechanism, allowing users to purchase PYTH tokens monthly using protocol revenue.

PANews reported on December 12th that Pyth Network announced the launch of the PYTH Reserve Mechanism, which directly links product adoption to network value by using protocol revenue to purchase PYTH tokens monthly. As a crucial component of the financial infrastructure, Pyth Network has supported over $2.3 trillion in cumulative transaction volume, and this new mechanism aims to drive sustainable value growth.

PYTH reserves allocate one-third of their funds monthly through the DAO treasury to purchase PYTH tokens on the open market, combined with a quarterly pricing optimization strategy, ensuring that revenue growth directly translates into token buying pressure. Pyth's economic engine is driven by four products: Pyth Pro, Pyth Core, Entropy, and Express Relay, covering both traditional and on-chain markets, and is expected to further expand its revenue streams in the future.

The official statement indicates that financial institutions spend $50 billion annually on market data. Pyth Pro, through its transparent subscription and frequently updated data services, is expected to capture at least 1% of the market share, achieve its annual revenue target of $500 million, and continue to drive Pyth's reserve growth.

Share to:

Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

Follow PANews official accounts, navigate bull and bear markets together
Recommended Reading
Just now
1 hour ago
3 hour ago
3 hour ago
4 hour ago
5 hour ago

Popular Articles

Industry News
Market Trends
Curated Readings

Curated Series

App内阅读