Pyth has started a token buyback program: 33% of the DAO treasury is allocated to monthly PYTH purchases. This is Pyth's first official buyback; the goal is to reduce circulating supply and support the token price. Purchases are funded from protocol revenue (oracle fees), and the bought tokens are either burned or returned to the treasury.
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The number of active validators on the Solana network has dropped from 2,500 to 800 (a 68% decrease) since March 2023. In the past 3 years, more than half of the validators have been lost. Reasons: clearing inactive nodes or concerns about centralization Debates about the impact on the network's decentralization continue.
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Just registered homan.farcaster! 🎉 Claim yours:
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