Flash
Pyth DAO approves the "100% rule" and will use all product revenue to buy back PYTH
The official announcement shows that the decentralized autonomous organization Pyth DAO has passed the OP-PIP-136 proposal, clearly using all the funds (100%) generated by its products to purchase PYTH tokens on the open market and transfer them to the reserve pool. Previously, this fund allocation ratio was only one-third of the non-PYTH treasury balance. This reform uses a long-term authorization mechanism to replace the original month-to-month proposal voting process, and this rule also applies to non-PYTH assets currently held by the treasury. The implementation standards remain unchanged, still including a 5% slip point tolerance, a ceiling of no more than US$25,000 for a single transaction, and systems such as online reporting.<br />
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Data showed that Pyth DAO's annual recurring income (ARR) has climbed to $11.5 million, an increase of 86% from the previous quarter. In the past three months, real-world assets (RWAs) have accounted for more than 94% of perpetual contract transactions.