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Pyth DAO · 277 topics · updated 5m ago

Governance

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

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  1. IdeaIdeas BankNov 2024

    Implement a rank-based fee discount system for data consumers staking Pyth tokens ($PYTH)

    ABSTRACT The current Oracle Integrity Staking (OIS) system focuses on incentivizing data publishers and other stakers (delegators) to hold and stake $PYTH. However, this system does not directly apply or appeal to another key stakeholder group—data consumers (users of Pyth price…

    4 replies237 views20 likes
  2. AnnouncementMarket Abuse Regulation DisclaimerNov 2024

    Market Abuse Regulation Disclaimer

    Please be informed that listed securities may be issued to track the value of the PYTH token. If you are a contributor to the PYTH Network or become aware of or possess non-public price sensitive information regarding the PYTH token, please be aware that such information may…

    2 replies79 views3 likes
  3. PASSEDProposalProposalsOct 2024

    OP-PIP32: Upgrade the Pyth Oracle

    Abstract This proposal upgrades the Pyth oracle program on Pythnet to add a unique index id to each feed that can be used instead of price account key for more space efficiency. Rationale There is a tight limit on transaction size in Pythnet and publishers can only send 12 price…

    1 reply111 views3 likes
  4. PASSEDProposalProposalsOct 2024

    OP-PIP34: Discontinue the operations of 37 Pythnet validator nodes

    Abstract As a result of the expansion of the validator set on Pythnet (currently 101), this PIP proposes to discontinue the operations of 37 validators nodes currently sponsored by the Pyth Data Association Rationale With the growth of Data Publishers on Pythnet that each run…

    1 reply53 views
  5. PASSEDProposalProposalsOct 2024

    OP-PIP33: 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 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 own dedicated…

    1 reply55 views
  6. IdeaIdeas BankOct 2024

    # Community Proposal for the Design of the Community Integrity Pool (CIP)

    Context & Positioning The initial suggestion from OracleMaxi sparked excitement in the community about the benefits DeFi can gain from a staking mechanism that offers loss protection against data quality issues. As a long-time data publisher, we believe that data publishers…

    80 replies3,153 views224 likes
  7. PASSEDProposalProposalsOct 2024

    OP-PIP31: 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 4 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 reply57 views1 like
  8. PASSEDProposalProposalsOct 2024

    OP-PIP30: Discontinue the operations of 10 Pythnet validator nodes

    Abstract As a result of the expansion of the validator set on Pythnet (currently 106), this PIP proposes to discontinue the operations of 10 validator nodes currently sponsored by the Pyth Data Association Rationale With the growth of Data Publishers on Pythnet that each run…

    1 reply67 views2 likes
  9. PASSEDProposalProposalsOct 2024

    OP-PIP29: 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 10 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 reply59 views1 like
  10. PASSEDProposalProposalsOct 2024

    OP-PIP-21: Upgrade Entropy contracts on all the testnet chains

    Abstract Upgrade the Entropy contracts to add additional functionality for reducing gas costs on reveal transactions. Rationale The upgrade aims to reduce the number of hashes required for each reveal by allowing the provider to advance their commitment to a a more recent…

    1 reply66 views1 like
  11. 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
  12. 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
  13. 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
  14. 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
  15. 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
  16. 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
  17. 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
  18. 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
  19. IdeaIdeas BankSep 2024

    Welcome to the Pyth Governance Forum!

    Welcome to the Pyth DAO Discourse! This Discourse forum will be the designated discussion forum for ideas and formal proposals for Pyth Governance. The community looks forward to your thoughts, feedback, and contributions. This topic is for everyone to say hello, introduce…

    158 replies2,926 views1,157 likes
  20. 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
  21. AnnouncementAbout the Pyth DAOSep 2024

    Pyth Forum Policy

    Forum Policy Last updated: June 2024 A. Scope This Forum Policy (“Policy”) governs the use of this website operated by Pyth Data Association, Grabenstrasse 25, 6340 Baar, Switzerland (“PDA”, “we”, “us”, or “our”), in particular the domain https://forum.pyth.network/ and all…

    2 replies647 views5 likes
  22. DiscussionOracle Integrity Staking (OIS)Sep 2024

    READ FIRST: How to Use the Oracle Integrity Staking (OIS) Discussion Category

    The OIS Category is for Pyth community members to suggest, discuss, and debate early-stage ideas regarding Oracle Integrity Staking before the proposal stage. When creating a new topic to discuss an idea for OIS, please refer to the following template: Idea Title - summary of…

    2 replies218 views6 likes
  23. DiscussionOracle Integrity Staking (OIS)Sep 2024

    About the Oracle Integrity Staking (OIS) category

    The OIS Category is for Pyth community members to suggest, discuss, and debate early-stage ideas regarding Oracle Integrity Staking before the proposal stage.

    1 reply103 views3 likes
  24. Council updatePythian CouncilSep 2024

    [Pythian Council #1] Council Members

    On March 7, 2024, the inaugural Pythian Council has been elected and approved by the Pyth DAO through on-chain voting. As a reminder, very election should begin 6 months after the previous election has started and it will replace 4 members of its cohort of 8 members. As per the…

    4 replies450 views29 likes
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