Pyth Network has introduced the PYTH Token Reserve, a strategic initiative aimed at conducting monthly buybacks of PYTH tokens on the open market. This move is designed to enhance predictability and scalability as the network's revenue increases. The reserve will utilize a portion of the monthly revenue generated from Pyth's suite of products, including Pyth Pro, Pyth Core price feeds, Pyth Entropy, and Pyth Express Relay, to fund these buybacks.
Pyth Network Initiates PYTH Token Reserve for Monthly Buybacks
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