Pyth DAO passes OP-PIP-136, 100% of product revenue will be used to buy back PYTH

PANews October 8 news, according to the official Pyth blog, Pyth DAO has passed the OP-PIP-136 proposal, committing to use all revenue (100%) it receives from Pyth products to buy PYTH on the open market and inject it into the reserve, compared with the previous ratio of one-third of non-PYTH balances. The proposal replaces the previous monthly individual votes with a long-term authorization. The products covered include Pyth Pro subscriptions, Listing as a Service, Data Marketplace, and Pyth Indices, and non-PYTH assets already held by the DAO are also included. As of now, the PYTH reserve has accumulated 42 million tokens, and the first purchase under the new authorization was executed on September 30. Pyth's overall ARR is at

PANews October 8 news, according to the official Pyth blog, Pyth DAO has approved the "100% Rule," directing all Pyth product revenue received by the DAO to open market buybacks of PYTH, replacing the previous mechanism of using one-third of the non-PYTH treasury balance for buybacks each month. This ratio applies to the DAO's share, not the protocol's total gross revenue. As of the end of September, Pyth's annual recurring revenue (ARR) reached $11.49 million, up 86.5% quarter-over-quarter, with 276 paying accounts.