Pyth Network announced the establishment of a PYTH reserve, with monthly public buybacks of PYTH tokens

Pyth Network announced the establishment of a PYTH reserve, which will automatically convert protocol revenue into ongoing PYTH token buybacks through the introduction of a structural mechanism, thereby directly linking product adoption with network value.

The operating mechanism is that the Pyth DAO treasury will receive a portion of the protocol revenue and will use these funds to buy back PYTH tokens on the open market every month. The repurchased tokens will constitute the PYTH reserve—this is also the economic outcome of directly injecting real product revenue into network value.