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Pyth DAO · 277 topics · updated 15m ago

Governance

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

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  1. PASSEDProposalProposalsOct 2024

    OP-PIP-20: Delegate PGAS to new Pythnet validators

    Abstract This proposal seeks to delegate 100,000 PGAS to a series of new Pythnet validators. Rationale As part of an ongoing effort to improve and decentralize Pythnet, each publishers are being asked to each connect directly to their own dedicated validator. This proposal…

    2 replies133 views3 likes
  2. PASSEDProposalProposalsOct 2024

    OP-PIP-22: Undelegate PGAS to unready validators, delegate PGAS to new ones

    Abstract This proposals aims to deactivate some Pythnet validators that were added in OP-PIP-20. It also seeks to delegate 100,000 PGAS to 2 new Pythnet validators. Rationale Some of the validators added in OP-PIP-20, were unready to start validating right away, causing network…

    1 reply71 views
  3. PASSEDProposalProposalsOct 2024

    OP-PIP25: Delegate PGAS to new Pythnet validators

    Abstract This proposals aims to continue the work start in OP-PIP-20 by delegating 100,000 PGAS to 12 new Pythnet validators. Rationale As part of an ongoing effort to improve and decentralize Pythnet, publishers are being asked to each connect directly to their own dedicated…

    1 reply58 views1 like
  4. PASSEDProposalProposalsOct 2024

    OP-PIP24: Approval of the second Pythian Council

    This proposal is intended for the Pyth DAO to approve the newly elected Pythian Council members post elections held during the latest epoch, between Aug29-Sep4. Nope - Save/Suilend 38XhwqCgQGdeNeXyHQ94Jrdsoup71G6ioiYuvimXwH3z Ivo Galic - Trebuchet Network…

    1 reply210 views3 likes
  5. PASSEDProposalProposalsOct 2024

    OP-PIP-23: Upgrade Entropy contracts on all the mainnet chains

    Abstract Upgrade the Entropy (mainnet) contracts to add additional functionality for reducing gas costs on reveal transactions. This proposal follows the successful testnet proposals OP-PIP-21. Rationale The upgrade aims to reduce the number of hashes required for each reveal by…

    1 reply67 views2 likes
  6. PASSEDProposalProposalsOct 2024

    OP-PIP26: Delegate PGAS to new Pythnet validators

    Abstract This proposals aims to continue the work started in OP-PIP-20 by delegating 100,000 PGAS to 7 new Pythnet validators. Rationale As part of an ongoing effort to improve and decentralize Pythnet, publishers are being asked to each connect directly to their own dedicated…

    1 reply65 views2 likes
  7. PASSEDProposalProposalsOct 2024

    OP-PIP27: Delegate PGAS to new Pythnet validators

    Abstract This proposals aims to continue the work started in OP-PIP-20 by delegating 100,000 PGAS to 14 new Pythnet validators. Rationale As part of an ongoing effort to improve and decentralize Pythnet, publishers are being asked to each connect directly to their own dedicated…

    1 reply62 views3 likes
  8. PASSEDProposalProposalsOct 2024

    OP-PIP28: Upgrade Pyth Staking Contract IDL

    Abstract This proposals aims to upgrade the on-chain IDL of the Pyth Staking Program. Rationale Having an up-to-date on-chain IDL is useful so block explorers can parse transactions that interact with the program properly, resulting in displaying transcations in a human-readable…

    1 reply112 views5 likes
  9. PASSEDProposalProposalsSep 2024

    CO-PIP-4: Upgrade Staking Program in Mainnet to add Staking for data integrity

    CO-PIP-5: Upgrade Staking Program in Mainnet to add Staking for data integrity Abstract In response to the proposal and the design by CMS of a community integrity staking program that aims at making the Pyth Network the most robust and secure oracle network to its DeFi users,…

    6 replies870 views22 likes
  10. PASSEDProposalProposalsAug 2024

    OP-PIP-19: Accept Pyth Eclipse Receiver Governance Authority on Eclipse Mainnet

    Abstract Accept Pyth Eclipse receiver governance authority to manage the contract. Rationale The Pythian council need to accept the governance authority from the current owner of the Pyth Eclipse receiver contract to manage the contract. This is a requirement for official…

    1 reply46 views1 like
  11. PASSEDProposalProposalsAug 2024

    OP-PIP-18: Pyth oracle upgrade - Pythnet

    Abstract This proposal upgrades the Pyth oracle program on Pythnet to facilitate the transition of aggregation from the oracle program to the validator. Rationale Pythnet processes more than 3000 price updates per second and is expected to grow further. To ensure the network can…

    1 reply103 views2 likes
  12. PASSEDProposalProposalsJul 2024

    OP-PIP 17: Withdraw from the PGAS treasury to cover Pythnet operational expenditures

    Abtract This proposal is meant to send PGAS from the DAO treasury to the Price Feed Council operational wallet to cover ongoing operational expenses of PGAS within Pythnet. Rationale PGAS is the native currency of Pythnet. PGAS has no market value. The PGAS treasury is managed by…

    1 reply78 views
  13. PASSEDProposalProposalsJul 2024

    OP-PIP-16: Asymmetric Research as the Relayer for Pyth Express Relay (PER)

    Abstract This proposal seeks to appoint Asymmetric Research (“AR”) as a relayer for the Pyth Express Relay (PER) ecosystem. AR has demonstrated exceptional capability and reliability during the testnet phase, making it an ideal candidate to ensure the stability and performance of…

    4 replies213 views8 likes
  14. PASSEDProposalProposalsJul 2024

    CO-PIP 3: Release Express Relay on Mainnet

    Abstract On the back of the positive feedback received from the community on the prototype deployed on testnet (here) and the completion of the security audit, this proposal is to implement the first instance of the Express Relay in production. To vote on this proposal, please…

    3 replies1,163 views9 likes
  15. PASSEDProposalProposalsJun 2024

    OP-PIP-15: Implement Pyth Update Fee on opBNB

    Abstract Following the interest expressed by KiloEx and the positive response from the community to have the Pyth oracle deployed on opBNB, this proposal is to implement a fee per price feed update of 0.000186 BNB (or about $0.09 at 27/05/24 price) in the Pyth smart contract.…

    5 replies410 views14 likes
  16. PASSEDProposalProposalsJun 2024

    OP-PIP-14: Upgrade Entropy Contracts (Mainnet)

    Abstract: Upgrade the current Pyth oracle contract on all mainnets (except Blast) to add a fee manager role that simplifies operations for randomness providers by letting their keeper wallet withdraw accrued fees. This proposal is the mainnet version of PIP 12 [PASSED] OP-PIP-12:…

    3 replies134 views12 likes
  17. PASSEDProposalProposalsJun 2024

    OP-PIP-13 - Upgrade Blast Entropy Contract (Mainnet)

    Abstract: Upgrade the current Pyth oracle contract on Blast Mainnet to: Add a fee manager role that simplifies operations for randomness providers by letting their keeper wallet withdraw accrued fees Collect a share of the gas fees spent when interacting with Entropy This PIP is…

    7 replies192 views21 likes
  18. PASSEDProposalProposalsJun 2024

    OP-PIP-11: Upgrade Blast Entropy Contract (Testnet)

    Abstract: Upgrade the current Pyth oracle contract on Blast Testnet to: Add a fee manager role that simplifies operations for randomness providers by letting their keeper wallet withdraw accrued fees Collect a share of the gas fees spent when interacting with Entropy Rationale:…

    2 replies259 views17 likes
  19. PASSEDProposalProposalsJun 2024

    OP-PIP-12: Upgrade Entropy Contracts (Testnet)

    Abstract: Upgrade the current Pyth oracle contract on all testnets (except Blast) to add a fee manager role that simplifies operations for randomness providers by letting their keeper wallet withdraw accrued fees. Rationale: Running an Entropy keeper should be easy. At the…

    4 replies241 views13 likes
  20. PASSEDProposalProposalsJun 2024

    OP-PIP-10: Optimize Pyth oracle program

    Abstract This proposal upgrades the Pyth oracle program on Pythnet to optimize its performance. Rationale Pythnet processes more than 3000 price updates per second and is expected to grow further. To ensure the network can handle this load, the Pyth oracle program requires…

    7 replies635 views52 likes
  21. ProposalProposalsMay 2024

    READ FIRST: About Pyth Improvement Proposals (PIPs)

    Pyth Improvement Proposals PIPs are the primary methods to introduce, discuss and implement changes to the Pyth DAO Constitution, governance and operations. PIP Types Each PIP must be labeled as Constitutional PIPs or Operational PIPs as described in more detail below:…

    4 replies986 views68 likes
  22. PASSEDProposalProposalsMay 2024

    OP-PIP-9: Add Asymmetric Research as a Pythnet validator

    Abstract This proposal seeks the delegation of a Pythnet stake account to Asymmetric Research to enable their participation as a Pythnet validator. Rationale Validator diversity is crucial for network resilience and security. Asymmetric Research, having substantial experience in…

    1 reply249 views16 likes
  23. PASSEDProposalProposalsMay 2024

    OP-PIP-8: Upgrade Entropy contracts on all the mainnet chains

    Abstract Upgrade the Entropy contracts to allow users to register a callback when requesting random numbers. This callback is invoked once the request is fulfilled. Rationale The upgrade enhances the developer experience by reducing the interaction to a single transaction.…

    1 reply206 views12 likes
  24. PASSEDProposalProposalsMay 2024

    OP-PIP-7: Improve Pyth Solana Receiver compute cost

    Abstract Upgrade the Pyth Solana Receiver on Solana to reduce compute cost on posting price updates. Rationale Posting price update uses a lot of compute units because it uses an expensive hash function. Description This upgrade will employ Solana SDK’s hashv function which uses…

    1 reply248 views12 likes
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