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PYTH token buybacks are about to go nuts. Pyth Network 🔮 has announced that, following a successful vote, 100% of PythDAO's earned funds are now used to buy back the PYTH token. This works out to a 3x increase from the previous 30% allocated to buybacks.
44,838 views • 11 days ago •via X (Twitter)
18 Comments

@Derrpaderrp Calling it the 100% Rule.

@PythNetwork That is big news for #PYTH community if this project actually generate revenue

@PythNetwork Wow a whole 100%

@PythNetwork $PYTH on ToP

@PythNetwork Next ZEC

@PythNetwork Super tylko nie mogę wypłacić swoich tokenów z ich stakingu 🤬

@PythNetwork So focken bullish

@PythNetwork A bigger buyback allocation changes PYTH’s tokenomics meaningfully. @DigiMaaya sees transparent governance decisions as important for aligning ecosystem incentives.

@PythNetwork Buybacks are great, but verified data is better 🔥 clarity before conviction, that’s how you build trust ⚡

@PythNetwork 🎯

@PythNetwork lfcoook pyth!

@PythNetwork

@PythNetwork This is a meaningful shift: from allocating 30% of DAO revenue to buybacks to allocating 100%. The bigger question is how sustainably that revenue grows over time.

@PythNetwork Amazing 🤩 I’m buying coins directly from the market; I was doing it before, too, but now I’m going to speed things up.

@PythNetwork Awesome!!!!

~$575K a month. That's what "100%" means in dollars right now. Pyth earns ~$11.5M a year, and the DAO's share is ~60%. Every PYTH bought goes into a reserve that's not allowed to sell it. Small next to a ~$680M coin today. But revenue grew 86% last quarter, and now every new dollar becomes a buy.

@PythNetwork buybacks on overdrive, time to load up

@PythNetwork 100% applies to the DAO's revenue share, not all Pyth revenue. $11.5M ARR sounds strong, but actual monthly buyback dollars decide the impact.
