PANews reported on December 13th that, according to Businesswire, Pyth Network has launched the PYTH Token Reserve. The PYTH Reserve operates by using a portionPANews reported on December 13th that, according to Businesswire, Pyth Network has launched the PYTH Token Reserve. The PYTH Reserve operates by using a portion
Pyth Network has launched a PYTH token reserve, which will conduct monthly token buybacks on the open market.
PANews reported on December 13th that, according to Businesswire, Pyth Network has launched the PYTH Token Reserve. The PYTH Reserve operates by using a portion of the network's monthly revenue to purchase PYTH tokens on the open market, ensuring predictability and scalability as revenue grows. Revenue comes from four products: Pyth Pro, Pyth Core price feeds, Pyth Entropy, and Pyth Express Relay.
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