Pyth’s official account just announced the “100% Rule” last night: every dollar of DAO product revenue will go toward buying up $PYTH on the secondary market. Previously, they only spent a third of it each month.
ARR has already hit $11.5 million, surging more than 80% in a quarter. Meanwhile, the token price is up nearly 20%, with trading volume topping 70 million U.
Does this basically weld revenue and token price together? Come argue about it in the comments.
ARR has already hit $11.5 million, surging more than 80% in a quarter. Meanwhile, the token price is up nearly 20%, with trading volume topping 70 million U.
Does this basically weld revenue and token price together? Come argue about it in the comments.