Pyth Network launches monthly buybacks #PYTH
Pyth Network announced the start of a monthly buyback program for the PYTH token, which will allocate 33% of the DAO treasury. The decision was made against the backdrop of business growth: the Pyth Pro service exceeded $1 million in annual recurring revenue (ARR).
🔹 Key points:
• regular buybacks reduce the circulating supply of PYTH;
• a portion of the DAO treasury works to support the tokenomics;
• growth in ARR confirms real demand for Pyth products.
The foundation for the ecosystem is strengthening, and the model is becoming more focused on the long-term value of the token.
PYTH
0.0654
+5.82%
