Altcoin Surges Against Market Downturn Following Major Token Buyback Announcement
Key Highlights: The Pyth Network DAO has approved proposal OP-PIP-136, establishing the “100% Rule” to allocate all protocol revenue toward accumulating $PYTH reserves. Under the new mechanism, non-$PYTH revenue entering the treasury will be used to buy back $PYTH directly from the open market via an authorized council. The overhaul replaces an earlier framework that ...