Pyth DAO approves 100% Rule directing all product revenue to open-market PYTH buybacks

The Pyth DAO committed 100% of revenue from Pyth products to open-market buybacks of PYTH tokens, up from its previous practice of deploying one-third of its non-PYTH treasury balance. Its data business reached $11.5 million in annualized revenue in September, up 86% quarter over quarter.

Detected & updated continuously · Source: Nebula