$PYTH Pyth Network Activates Real Yield Mechanism, Monthly Token Buybacks Via Revenue

On 12/12, Pyth Network officially announced a major pivot in its Tokenomics with the establishment of the PYTH Reserve, transforming PYTH into a true value accruing asset.

🔸 Pyth introduces a new structure that automatically converts a portion of protocol revenue into continuous buybacks of PYTH okens on the open market.

🔸 The DAO Treasury will use actual revenue funds to execute periodic Buybacks every month. These repurchased tokens will form the reserve, creating a direct link The more the Oracle is used, the higher the revenue, and the stronger the buying pressure on the token.

🔸 This is a crucial shift from a purely Governance Token model to a Value Accrual model. Using Real Revenue to support the price creates natural buying pressure and effectively reduces circulating supply, solving the inflation problem plaguing many DeFi projects.

Is Pyth setting a new Real Yield standard in the Oracle sector, challenging Chainlink dominance?

News is for reference, not investment advice. Please read carefully before making a decision.