Hot take: the oracle track has started getting “real buybacks” underway
$PYTH DAO has just passed OP-PIP-136
Pyth Pro offers four product lines: Subscription, LaaS, Data Marketplace, and Indices
100% of revenue is used to market-buy PYTH and custody it
Previously, each month you could only use one-third of the DAO’s non-PYTH balance, and you also had to separately go through proposal voting
Now it’s changed to a one-time long-term authorization, which also includes any non-PYTH assets that were already held
The first batch executed on September 30. The reserve currently holds about 42 million PYTH; even while the overall market is down, the short-term move is up 10%+
Compare it with leaders like $BNB and $HYPE that support their valuations with buybacks backed by real cash flows
Oracles have finally reached the step of “true revenue for true chips”
The next project to successfully follow this path will most likely choose between Chainlink and Band
Teachers, which one do you think is more promising?
$PYTH DAO has just passed OP-PIP-136
Pyth Pro offers four product lines: Subscription, LaaS, Data Marketplace, and Indices
100% of revenue is used to market-buy PYTH and custody it
Previously, each month you could only use one-third of the DAO’s non-PYTH balance, and you also had to separately go through proposal voting
Now it’s changed to a one-time long-term authorization, which also includes any non-PYTH assets that were already held
The first batch executed on September 30. The reserve currently holds about 42 million PYTH; even while the overall market is down, the short-term move is up 10%+
Compare it with leaders like $BNB and $HYPE that support their valuations with buybacks backed by real cash flows
Oracles have finally reached the step of “true revenue for true chips”
The next project to successfully follow this path will most likely choose between Chainlink and Band
Teachers, which one do you think is more promising?