According to an official announcement, the decentralized autonomous organization Pyth DAO has approved the OP-PIP-136 proposal, deciding to allocate 100% of the funds obtained from its products to purchase PYTH on the open market and deposit it into the reserve. Previously, this proportion was one-third of the non-PYTH treasury balance. The proposal replaces the original monthly proposal voting process with a long-term authorization and also applies to the existing non-PYTH assets in the treasury. The execution rules remain unchanged, including a 5% slippage limit, a transaction limit of $25,000 per trade, and on-chain public reporting. Data shows that Pyth's overall annual recurring revenue (ARR) has reached $11.5 million, an 86% quarter-over-quarter increase. Over the past three months, more than 94% of the trading volume of real-world asset (RWA) perpetual contracts has utilized Pyth data. As of now, the PYTH reserve holds 42 million tokens.
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