Pyth Network to Form PYTH Token Reserve Using One-Third of DAO Revenue Buybacks

The Pyth Network plans to establish a reserve composed of PYTH tokens purchased on the open market using roughly one-third of its protocol revenue routed through its DAO. The initiative aims to support the token’s market structure as PYTH has fallen over 80% in the past year, while similar buyback proposals have also surfaced in other DeFi communities such as Aave and Mango Markets.