Pyth Network launched the PYTH token reserve, conducting monthly token buybacks on the open market.

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According to a report by Businesswire, Pyth Network has launched the PYTH Token Reserve. The PYTH Reserve operates by using a portion of the network's monthly revenue to purchase PYTH tokens on the open market, ensuring predictability and scalability as revenue grows. Revenue comes from four products: Pyth Pro, Pyth Core price feeds, Pyth Entropy, and Pyth Express Relay.

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