Pyth DAO has approved the "100% Rule," directing all product revenue received by the DAO toward open-market PYTH buybacks. This new policy replaces the previous mechanism that allocated one-third of the non-PYTH treasury balance monthly for repurchases and applies specifically to the DAO's share of revenue rather than total protocol gross revenue.
The governance update coincides with significant revenue growth, as Pyth's annualized recurring revenue (ARR) reached $11.49 million at the end of September. This represents an 86.5% increase from the previous quarter, supported by a base of 276 paying accounts.
Pyth DAO Approves 100% Revenue Buyback Policy as ARR Hits $11.49M
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