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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. PASSEDProposalProposalsMay 2025

    OP-PIP-73: Discontinue the operations of 7 Pythnet validator nodes

    Abstract This proposal aims to off-board (destake) 7 validators from Pythnet. This is the 1st of a few upcoming proposals for validator off-boarding. Rationale As part of an ongoing effort to improve Pythnet reliability and reduce the overhead costs to data publishers, 7…

    0 replies75 views3 likes
  2. PASSEDProposalProposalsMay 2025

    OP-PIP-72: Entropy v2 Upgrade on Abstract Testnet

    Abstract Upgrade the Entropy contract on Abstract testnet to version 2.0. This chain is a zksync chain, and therefore needs special handling compared to other EVM chains. This is a follow up to the previous Entropy 2.0 testnet upgrade proposal: [PASSED] OP-PIP-71: Entropy…

    1 reply59 views2 likes
  3. PASSEDProposalProposalsMay 2025

    OP-PIP-71: Entropy v2 Testnet Upgrade

    Abstract Upgrade the Entropy contracts on testnet to version 2.0. Rationale The v2.0 upgrade will introduce significant quality of life improvements for all Entropy users. Description Entropy version 2.0 introduces several developer experience upgrades around callbacks, including…

    1 reply88 views2 likes
  4. PASSEDProposalProposalsMay 2025

    OP-PIP-70: Increase Oracle Fees on 3 Testnets (Arbitrum, Base, Optimism)

    Abstract This proposal aims to increase the oracle update fees from 1 to 10 weis on 3 mainstream EVM chains: Arbitrum, Base and Optimism. As a reminder, every time a protocol/user triggers a price update onchain, it needs to pay a fee to the oracle contract on that chain to make…

    1 reply86 views3 likes
  5. PASSEDProposalProposalsMay 2025

    OP-PIP-69: Delegate PGAS to 16 new validators

    Abstract This proposal aims to onboard 16 new validators to Pythnet. Each validator will be delegated 100,000 PGAS to operate. Rationale As part of an ongoing effort to improve Pythnet reliability and decentralization, 16 additional validators are onboarded. Description Pythnet,…

    1 reply82 views2 likes
  6. PASSEDProposalProposalsMay 2025

    OP-PIP-68: Upgrade Pyth Oracle on TON Mainnet v2

    Abstract This OP-PIP follows the successful OP-PIP-64 that upgraded the Pyth oracle on TON testnet. This PR enhances the Pyth oracle contract on TON by implementing cell chain traversal for price feed ID parsing. The change allows handling more than 3 price feed IDs in a single…

    1 reply79 views
  7. PASSEDProposalProposalsMay 2025

    OP-PIP-66: Price Feed Council Election and Budget Approval

    Abstract This proposal aims to approve the recent election of 3 councilors for the 3rd Price Feed Council as well as approving the stipend of 315,000 PYTH for the Price Feed Council members. Description Approve the newly elected Price Feed Council members From April, 15, 2025 to…

    1 reply138 views3 likes
  8. PASSEDProposalProposalsApr 2025

    OP-PIP-64: Upgrade Pyth oracle on TON Testnet v2

    Abstract This PR enhances the Pyth oracle contract on TON by implementing cell chain traversal for price feed ID parsing. The change allows handling more than 3 price feed IDs in a single update by properly managing TON’s cell bit limitations. Rationale TON cells have a…

    1 reply72 views2 likes
  9. PASSEDProposalProposalsApr 2025

    OP-PIP-67: Douro Labs as the Relayer for Pyth Express Relay (PER)

    Abstract This proposal seeks to appoint Douro Labs as a relayer for the Pyth Express Relay (PER) ecosystem replacing the previous appointment of Asymmetric Research in OP-PIP-16. Description Douro Labs is Web3 development company and a contributor to the Pyth oracle and Pyth…

    2 replies111 views5 likes
  10. PASSEDProposalProposalsApr 2025

    OP-PIP-65: Upgrade the Pyth Express Relay Program on Solana to improve swap instruction

    Abstract Following the upgrading of the Pyth Express Relay program on Solana (OP-PIP54) to introduce swapping, this proposal aims to upgrade the Pyth Express Relay Program to introduce an improved and more configurable swap instruction. It also introduces a secondary relayer…

    1 reply96 views3 likes
  11. PASSEDProposalProposalsApr 2025

    OP-PIP-63: Discontinue the operations of 1 Pythnet validator node

    Abstract A data publisher recently decided to stop contributing data to the Pyth oracle and therefore needs to be offboarded from the Pythnet validator set. Rationale Keeping inactive data publishers as Pythnet validator may cause some issues to the reliability of Pythnet,…

    1 reply74 views1 like
  12. PASSEDProposalProposalsApr 2025

    OP-PIP-62: Upgrade Pyth Oracle on TON Mainnet

    Abstract This PR enhances the Pyth oracle contract on TON by implementing cell chain traversal for price feed ID parsing. The change allows handling more than 3 price feed IDs in a single update by properly managing TON’s cell bit limitations. Rationale TON cells have a…

    1 reply70 views2 likes
  13. PASSEDProposalProposalsApr 2025

    OP-PIP-61: Discontinue the operations of 1 Pythnet validator node

    Abstract A data publisher recently decided to stop contributing data to the Pyth oracle and therefore needs to be offboarded from the Pythnet validator set. Rationale Keeping inactive data publishers as Pythnet validator may cause some issues to the reliability of Pythnet,…

    1 reply51 views2 likes
  14. PASSEDProposalProposalsApr 2025

    OP-PIP-60: Upgrade Pyth Oracle on TON Testnet

    Abstract This PR enhances the Pyth oracle contract on TON by implementing cell chain traversal for price feed ID parsing. The change allows handling more than 3 price feed IDs in a single update by properly managing TON’s cell bit limitations. Rationale TON cells have a…

    2 replies66 views3 likes
  15. PASSEDProposalProposalsApr 2025

    OP-PIP-59: Pythian Council Election and Budget Approval

    Abstract This proposal aims to approve the recent election of 4 councilors for the 3rd Pythian Council as well as approving the stipend of 100,000 PYTH for the Pythian Council members. Description Approve the newly elected Pythian Council members From April, 1, 2025 to April, 8,…

    1 reply208 views3 likes
  16. PASSEDProposalProposalsApr 2025

    OP-PIP-58: Upgrade Pyth Lazer contract on Solana mainnet (edited)

    Abstract Following the successful upgrade and testing of the Pyth Lazer contract on Solana testnet and devnet, this proposal intends to upgrade the Lazer contract on Solana mainnet. Rationale This proposal upgrades the Pyth Lazer Contract program on Mainnet to add support for…

    1 reply89 views3 likes
  17. PASSEDProposalProposalsMar 2025

    OP-PIP-57: Community Council Election and Budget Approval

    Abstract This proposal aims to approve the recent election of 7 councilors for the newly-created Community Council as well as allocating 1,420,000 PYTH from the DAO treasury to the Community Council wallet to perform all the activities outlined in this post for 6 months.…

    1 reply282 views5 likes
  18. PASSEDProposalProposalsMar 2025

    OP-PIP-56: Upgrade Pyth Oracle on TON Mainnet

    Abstract Following the successful upgrade of the Pyth contract on TON testnet, this proposal is destined for the Pyth contract on TON mainnet. This PR enhances error handling in the Pyth oracle contract on TON by implementing a “soft throw” mechanism. Instead of failing…

    1 reply58 views2 likes
  19. PASSEDProposalProposalsMar 2025

    OP-PIP-55: Upgrade Pyth Receiver Program on Solana Mainnet to enable TWAP prices

    Abstract This proposal upgrades the Pyth Receiver Program on Solana Mainnet to add the ability to post TWAP prices. Program is being upgraded from v0.1.0 to v0.2.1. Description This upgrade introduces the post_twap_update instruction to the Pyth Receiver Program, which allows…

    5 replies158 views9 likes
  20. PASSEDProposalProposalsMar 2025

    OP-PIP-54: Upgrade the Pyth Express Relay program on Solana

    Abstract Following the deployment of Pyth Express Relay on Solana (OP-PIP38), this proposal aims to upgrade the Pyth Express Relay Program to support direct swaps with the searchers. Rationale Pyth Express Relay auction mechanism released in OP-PIP38 has been successfully…

    3 replies155 views6 likes
  21. PASSEDProposalProposalsMar 2025

    OP-PIP-53: Delegate PGAS to a new validator

    Abstract This proposals aims to continue the work started in OP-PIP-20 and other OP-PIPs by delegating 100,000 PGAS to 1 new Pythnet validator. Rationale As part of an ongoing effort to improve and decentralize Pythnet, publishers are being asked to each connect directly to their…

    1 reply55 views2 likes
  22. PASSEDProposalProposalsMar 2025

    OP-PIP-52: Upgrade Pyth Oracle on TON Testnet

    Abstract This PR enhances error handling in the Pyth oracle contract on TON by implementing a “soft throw” mechanism. Instead of failing transactions with hard exceptions, the contract now catches errors and returns structured error responses to callers. This approach maintains…

    1 reply51 views3 likes
  23. PASSEDProposalProposalsMar 2025

    CO-PIP-6: Creation of the Community Council

    This proposal seeks to establish the Pyth Community Council, a dedicated 7-member body responsible for overseeing community initiatives, fostering engagement, and amplifying the collective voice of the Pyth community. If approved by the Pyth DAO — via an on-chain vote — the Pyth…

    2 replies436 views18 likes
  24. PASSEDProposalProposalsMar 2025

    OP-PIP-50: Implement Pyth Update Fees on 8 Blockchains

    Abstract This proposal aims to implement a fee per price feed update on the following blockchains: Aurora, Avalanche, Conflux, Cronos, Meter, Ronin, Sei, and Shimmer. The proposed fees are designed to align with the economic activities and transaction costs specific to each…

    2 replies370 views11 likes
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