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Pyth Network Launches PYTH Reserve Mechanism to Drive Sustainable Value Growth

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PYTH
$0.05848-3.89%
Pyth Network has launched a PYTH Reserve mechanism, using protocol revenue to buy PYTH tokens monthly. The initiative, backed by Pyth Pro, Pyth Core, Entropy, and Express Relay, aims to boost protocol value and market cap. Pyth Pro targets $500 million in annual revenue by capturing 1% of the $50 billion financial data market, funding the reserve to drive long-term growth.
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