Pyth DAO Approves ‘100% Rule’ to Direct Product Revenue to PYTH Buybacks

The shift from monthly votes to a standing authorization is the real story here: it removes the recurring governance friction that likely contributed to the uneven buyback cadence, turning revenue-linked purchases into an automatic policy rather than a discretionary decision. That matters for PYTH holders because it ties token demand more mechanically to product adoption, but it also concentrates discretion in the initial authorization. The open question is whether the revenue base itself is growing, since the decline in monthly purchases could reflect either softer revenue or prior governance delays — the buyback rule does not resolve which.