Pyth DAO · 277 topics · updated 23m ago

Governance

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

All Proposals Ideas Council Discussions Announcements Reports

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
IdeaIdeas BankApr 2025
Proposal: Pyth Oracle Integration for Swellchain
Abstract Swellchain, a restaking-powered network built on the OP Stack. To ensure continued high-quality execution and security for DeFi applications in the ecosystem, Swellchain requires access to reliable and trustworthy price data. Integrating Pyth oracles directly on…
6 replies180 views20 likes
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
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
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
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 reply75 views1 like
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
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
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
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
Council updatePythian CouncilApr 2025
[Pythian Council #2] Council Members
On September 10, 2024, the second Pythian Council has been elected and approved by the Pyth DAO through on-chain voting. As a reminder, every 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…
3 replies190 views3 likes
Council updatePrice Feed CouncilApr 2025
Price Feed Request: Bio Protocol (BIO)
Abstract Project Overview: Bio is a new financial layer for funding and developing early-stage biotech. Our mission is to reshape how biotech breakthroughs are born by enabling global communities of patients, researchers and crypto users to create user-owned research networks…
4 replies693 views18 likes
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
IdeaIdeas BankApr 2025
Pythian and Price Feed Councils Budget Request
Abstract Following this request from @chop, a Community Council member, to secure funding for upcoming activities and council stipends, I propose extending the budget allocation to include the two existing governance councils within the Pyth DAO: the Pythian Council and the Price…
9 replies208 views31 likes
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
IdeaIdeas BankMar 2025
Community Council Budget Proposal v2
Based on discussions with community members and candidates to the Community Council, I propose below a revised version of the budget that I would like the Pyth DAO to consider for the first half of the 12 month term of the inaugural Community Council. Community Council Budget…
12 replies317 views42 likes
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
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
IdeaIdeas BankMar 2025
Community Council budget proposal
Read v2 of this proposal here: Community Council Budget Proposal v2
3 replies194 views13 likes
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
Council updateCommunity CouncilMar 2025
Guide for the Community Council Election #1
What is the Community Council? The Pyth Community Council represents a cornerstone initiative to empower and amplify the collective voice of the Pyth community. As defined in the Pyth DAO Constitution, the Community Council is made of 7 members who are signers of the Community…
7 replies347 views21 likes
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
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
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

169–192 of 277

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

Proposal: Pyth Oracle Integration for Swellchain

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

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

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

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

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

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

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

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

[Pythian Council #2] Council Members

Price Feed Request: Bio Protocol (BIO)

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

Pythian and Price Feed Councils Budget Request

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

Community Council Budget Proposal v2

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

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

Community Council budget proposal

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

Guide for the Community Council Election #1

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

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

CO-PIP-6: Creation of the Community Council