Pyth DAO passes a proposal to allocate 100% of its product revenue to increase holdings of PYTH.
2026.10.08 22:37:43
Pyth DAO has announced the passage of proposal OP-PIP-136, committing to allocate 100% of funds received from its Pyth products to purchasing PYTH tokens for its reserves, covering Pyth Pro subscriptions, Listing as a Service, the Data Marketplace, and Pyth Indices. Previously, reserves had conducted monthly open-market purchases since December 2025, using one-third of the DAO’s non-PYTH balance per transaction and requiring separate votes for each purchase. The new policy replaces this with a one-time long-term authorization, and existing non-PYTH assets will also be included in the same purchase path. The first batch of purchases under the new rule was executed on September 30, with the DAO’s current PYTH reserve holdings standing at approximately 42 million tokens.
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