Pyth upgrades infrastructure and rebuilds the economic model

robot
Abstract generation in progress

Odaily Planet Daily News: Pyth Network announces a major strategic transformation: comprehensive infrastructure upgrade and a shift from token incentives to revenue-driven economic models. According to two core proposals (OP-PIP-100, OP-PIP-103), Pythnet will gradually shut down by 2026, with a focus shifting to the new generation underlying Lazer; the OIS staking reward mechanism will be terminated (parameter Y set to 0), but the security penalty mechanism will be retained.

Meanwhile, PYTH Reserve has repurchased approximately 12 million PYTH using protocol revenue, with commercial products (Pyth Pro, data marketplace) becoming the growth core. Leading prediction markets such as Polymarket and Kalshi have integrated, and institutional adoption rates continue to rise.

PYTH0.14%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin