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Pyth DAO · 277 topics · updated 27m ago

Governance

Proposals, ideas, and council activity from the Pyth DAO, indexed from forum.pyth.network.

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  1. ProposalProposals15h ago

    [ONGOING] OP-PIP-116: Sui Lazer V2 API Upgrade

    Abstract This proposal upgrades the Pyth Lazer contract on Sui to V2 API, adding support for the fixed_rate@1000ms channel and improving future upgradeability by replacing the Sui enum-based Channel type with a wrapped integer. Rationale The current Sui Lazer contract uses a Sui…

    0 replies16 views
  2. ProposalProposals3d ago

    [OP-PIP] Implement PythWheel Burn Registry: 100 PYTH Permanent Burn per Spin Community Deflation Mechanism

    I propose integrating a permanent, transparent Burn Registry into the existing PythWheel (pythwheel.com). Every spin performed by a Pythian will burn exactly 100 PYTH tokens from circulation. Spins are awarded based on community participation: joining the Pyth Network, earning…

    15 replies144 views23 likes
  3. PASSEDProposalProposalsMay 6

    OP-PIP-115: PYTH Token Phase 2 — Purchases #6

    Abstract Transfer one-third (1/3) of the current Pyth DAO Treasury to the Pythian Council (Ops Multisig) in order to execute the purchase of PYTH tokens as proposed and approved in OP-PIP-87. This proposal includes a minor operational optimization: all USDT and wSOL balances will…

    1 reply100 views9 likes
  4. PASSEDProposalProposalsMay 6

    OP-PIP-114: Community Council Term 1 Cycle 2 Stipend Disbursement

    Abstract This Operational PIP authorizes the disbursement of 420,000 PYTH from the DAO treasury to the 7 Community Council members for their Term 1 Cycle 2 service (October 2025 – March 2026). Per the Term 1 Exit Report, this stipend was committed but never disbursed by the DAO…

    0 replies74 views3 likes
  5. PASSEDProposalProposalsMay 5

    OP-PIP-113: Enable Trusted Signer for Pyth Lazer on Cardano

    Abstract Perform a trusted signer update for the Cardano Lazer contract to allow processing of user requests. This proposal enables signer key 80efc1f480c5615af3fb673d42287e993da9fbc3506b6e41dfa32950820c2e6c with expiration time 2027-05-04T17:00:00.000Z. Rationale Once deployed,…

    0 replies43 views
  6. PASSEDProposalProposalsMay 3

    OP-PIP-112: Pyth Entropy Fees - Q2

    Abstract Adjust protocol fees on Pyth Entropy across 15 active EVM chains as outlined in the Q2 2026 — Pyth Entropy Onchain Fees ( Q2 2026 — Pyth Entropy Onchain Fees ) discussion. HyperEVM & Zetachain are not in proposal (unchanged per discussion — already at target). Rationale…

    0 replies36 views1 like
  7. PASSEDProposalProposalsMay 2

    OP-PIP-111: Pyth Core Fees - Q2

    Abstract Implement updated price feed update fees on Pyth Core across EVM chains as outlined in the Q2 2026 — Pyth Core Onchain Fees discussion ( Q2 2026 — Pyth Core Onchain Fees ). Rationale Following the mandate from OP-PIP-87 ( [PASSED] OP-PIP-87: PYTH Token Phase 2 — $PYTH…

    0 replies70 views3 likes
  8. PASSEDProposalProposalsMay 2

    OP-PIP-109: Express Relay Fees Withdrawal - wSOL

    Summary This proposal withdraws accumulated wSOL (Wrapped SOL) fees from the Express Relay contract on Solana to the Pyth DAO Treasury, following the successful test withdrawal in OP-PIP-107 ( [PASSED] OP-PIP-107: Express Relay Fee Withdrawal Test ). Proposal Link: Pyth Network…

    0 replies21 views1 like
  9. PASSEDProposalProposalsMay 2

    OP-PIP-110: Express Relay Fees Withdrawal - SOL

    Summary This proposal withdraws accumulated native SOL fees from the Express Relay contract on Solana to the Pyth DAO Treasury, following the successful test withdrawal in OP-PIP-107 ( [PASSED] OP-PIP-107: Express Relay Fee Withdrawal Test ). Proposal Link: Pyth Network…

    0 replies27 views2 likes
  10. PASSEDProposalProposalsMay 2

    OP-PIP-108: Express Relay Fees Withdrawal - USDC

    Summary This proposal withdraws accumulated USDC fees from the Express Relay contract on Solana to the Pyth DAO Treasury, following the successful test withdrawal in OP-PIP-107 ( [PASSED] OP-PIP-107: Express Relay Fee Withdrawal Test ). Proposal Link: Pyth Network Background With…

    0 replies21 views2 likes
  11. PASSEDProposalProposalsMay 2

    OP-PIP-107: Express Relay Fee Withdrawal Test

    Summary This proposal initiates a test withdrawal of accumulated fees from the Express Relay contract on Solana, utilizing the SPL token withdrawal instruction enabled by OP-PIP-106. Proposal Link:…

    1 reply46 views4 likes
  12. PASSEDProposalProposalsApr 27

    OP-PIP-106: Upgrade the Pyth Express Relay Program on Solana to add an SPL token withdrawal instruction

    Abstract Following the upgrading of the Pyth Express Relay program on Solana (OP-PIP54) to introduce swapping with fees, this proposal aims to upgrade the Pyth Express Relay Program to introduce an instruction to claim DAO fees. Rationale The swapping mechanism introduced in…

    0 replies47 views2 likes
  13. PASSEDProposalProposalsApr 22

    CO-PIP-105: Transfer Bricked Locked Token Accounts to Legitimate Owner

    Abstract During the distribution of Pyth locked tokens, a Pyth Publisher received locked PYTH tokens in a wallet which cannot interact with smart contracts on the Solana blockchain. As a result, these funds, which are now partially vested, are inaccessible. In previous…

    0 replies82 views1 like
  14. PASSEDProposalProposalsApr 22

    CO-PIP-104: Pyth Pro Governance & Payment Currency Flexibility

    Abstract This Constitutional PIP amends the Pyth DAO Constitution to: Add a Pyth Pro Governance section, formalizing operator assignment, revenue distribution, payment terms, reporting requirements, and termination provisions for Pyth Pro and Listing as a Service (LaaS) Enable…

    0 replies96 views2 likes
  15. PASSEDProposalProposalsApr 16

    OP-PIP-103: Pausing OIS Rewards

    Abstract This Operational PIP proposes to: Set the OIS reward rate parameter (Y) to 0 before the reward pool depletes on April 22-23, 2026 Preserve OIS staking and slashing mechanisms — publishers and delegators retain stake at risk; enforcement remains intact Align OIS…

    1 reply1,631 views9 likes
  16. PASSEDProposalProposalsApr 15

    OP-PIP-101: Community Council Term 2 — Election Result & Budget Approval

    Abstract This proposal implements two actions: Council membership update: Replace bats4 with SCP, following the Community Council Election #2 results Term 2 budget approval: Transfer 4,000,000 PYTH (first 6-month cycle) to the Community Council from the Pyth DAO Treasury…

    8 replies168 views15 likes
  17. PASSEDProposalProposalsApr 10

    OP-PIP-102: PYTH Token Phase 2 — Purchases #5

    Abstract Transfer one-third (1/3) of the current Pyth DAO Treasury to the Pythian Council (Ops Multisig) in order to execute the purchase of PYTH tokens as proposed and approved in OP-PIP-87. Description Following the distribution of the revenues from Pyth Pro for March 2026 by…

    0 replies80 views1 like
  18. PASSEDProposalProposalsMar 25

    OP-PIP-100: Pyth Core to Pyth Pro Migration

    Abstract This Operational PIP proposes to: Migrate all Pyth Core (Pythnet) users to Pyth Pro (Lazer), prioritizing the Pyth Network around a single, unified price feed product Grant the Pythian Council authority to execute the migration plan, including contract upgrades required…

    0 replies342 views1 like
  19. PASSEDProposalProposalsMar 20

    CO-PIP-99: Establishment of the Pyth Data Marketplace and Assign Douro Labs as Operator

    Abstract This Constitutional PIP proposes to: Establish the Pyth Data Marketplace as an official Pyth DAO product Assign Douro Labs as operator under a 60/40 revenue share, inline with Pyth Pro (Pyth Lazer) Implement an optimistic approval model for publisher onboardings Amend…

    0 replies121 views1 like
  20. PASSEDProposalProposalsMar 20

    OP-PIP-98: LaaS — Listing as a Service for Pyth Pro (Lazer)

    Abstract This Operational PIP proposes to: Authorize Douro Labs to offer Listing as a Service (LaaS) — a commercial model for Pyth Pro to list feeds requested by Protocols and Token Issuers Establish a 90/10 revenue share (DAO/Douro) for LaaS proceeds Formalize reporting…

    0 replies75 views2 likes
  21. PASSEDProposalProposalsMar 3

    OP-PIP-97: PYTH Token Phase 2 — Purchases #4

    Abstract Transfer one-third (1/3) of the current Pyth DAO Treasury to the Pythian Council (Ops Multisig) in order to execute the purchase of PYTH tokens as proposed and approved in OP-PIP-87. Description Following the distribution of the revenues from Pyth Pro for February 2026…

    0 replies115 views1 like
  22. PASSEDProposalProposalsFeb 16

    OP-PIP-96: Enable Trusted Signer for Pyth Lazer on Sui (mainnet & testnet)

    Abstract Perform a trusted signer update on Sui Lazer contracts to allow processing of user requests. This proposal enables signer key 03a4380f01136eb2640f90c17e1e319e02bbafbeef2e6e67dc48af53f9827e155b with expiration time 2027-02-13T06:26:40.000Z. Rationale Once deployed, Sui…

    5 replies46 views7 likes
  23. PASSEDProposalProposalsFeb 11

    OP-PIP-95: Pyth Lazer Test Contract Upgrade (Sui Testnet)

    Abstract Perform an test upgrade on a testnet deployment of Sui Lazer contract to ensure that the process works correctly. The update itself only adds a dummy ThisContractWasUpdated type definition - goal is to test whether the contract can successfully execute governance action.…

    0 replies38 views
  24. PASSEDProposalProposalsFeb 11

    OP-PIP-94: Q1 2026 Entropy Protocol Fee Implementation

    Abstract Implement protocol fees on Pyth Entropy across all 19 supported EVM chains as outlined in the Q1 2026 — Pyth Entropy Onchain Fees discussion. Rationale Following the mandate from OP-PIP-87 and the Pyth Token Phase 2 discussion, the Pythian Council is responsible for…

    0 replies64 views1 like
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