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Pyth Network launches PYTH Reserve Mechanism, using protocol revenue each month to purchase PYTH tokens.
PANews December 12 News, Pyth Network announced the launch of the PYTH Reserve Mechanism, which allocates protocol revenue to purchase PYTH tokens on a monthly basis, directly tying product adoption to network value. As an essential part of financial infrastructure, Pyth Network has supported a cumulative trading volume of over $2.3 trillion. This new mechanism aims to promote sustainable value growth. The PYTH Reserve allocates one-third of funds monthly through DAO treasury to purchase PYTH tokens on the open market, combined with quarterly pricing optimization strategies to ensure that income growth is directly converted into buying pressure for the token. Pyth’s economic engine is driven by four major products: Pyth Pro, Pyth Core, Entropy, and Express Relay, covering both traditional and on-chain markets, with plans to further expand revenue sources in the future. The official statement indicates that financial institutions spend $50 billion annually on market data. Pyth Pro, through transparent subscriptions and high-frequency data updates, aims to capture at least 1% of the market share, reaching an annual revenue target of $500 million and continuously driving PYTH Reserve growth.